In what ways do international organizations help our country’s economy?
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Their functions include maintaining standards to ensure safety, helping developing countries achieve economic security, and establishing norms regarding how countries make trade agreements and resolve
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International organizations help our country’s economy by funding, setting up international meetings or summits, and increase in trade between countries.
- There are several international organizations that help to battle the economy of a country namely the United Nations, The World Bank, The World Trade Organization, etc.
- The United Nations or UN is a forum set up for the countries to discuss, analyze and raise issues pertaining to poverty, climate change, war, etc.
- The International Monetary Fund or IMF is the World's bank that helps countries by providing funds during economic destruction.
- World Trade Organization or WTO is an institution that manages global trade negotiations and settles trade disputes.
- An increase in trade with different countries will result in an increase in trust and economy.
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