Question

Which of the following institutions plays a role in the formulation of economic policies across the world?​

Answer 1

★᭄ꦿ᭄Answer★᭄ꦿ᭄

The creation of the International Monetary Fund (IMF) and the World Bank were two of its most enduring legacies. The World Bank and the IMF, often called the Bretton Woods Institutions, are twin intergovernmental pillars supporting the structure of the world's economic and financial order.

Answer 2

Answer:

Institutions strongly affect the economic development of countries and act in society at all levels by determining the frameworks in which economic exchange occurs. They determine the volume of interactions available, the benefits from economic exchange and the form which they can take.

Explanation:

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