Historical Development of These International Financial Organizations - SS3 Economics Past Questions and Answers - page 1
When was the European Coal and Steel Community (ECA) created?
1944
1951
1960
1995
Which organization was established to promote international monetary cooperation and exchange rate stability?
International Monetary Fund (IMF)
World Trade Organization (WTO)
United Nations Conference on Trade and Development (UNCTAD)
Asian Development Bank (ADB)
What is the primary function of the International Bank for Reconstruction and Development (IBRD)?
To promote economic development in Asia and the Pacific
To provide loans and technical assistance to developing countries for economic development
To coordinate the production and trade of coal and steel among European countries
To promote free trade and reduce trade barriers among member countries
What is the main purpose of the Organization of the Petroleum Exporting Countries (OPEC)?
To provide loans and technical assistance to developing countries
To coordinate oil production policies and stabilize oil prices
To promote economic development in Asia and the Pacific
To promote free trade and reduce trade barriers among member countries
Which organization was founded to promote economic development in Asia and the Pacific?
International Monetary Fund (IMF)
Asian Development Bank (ADB)
United Nations Conference on Trade and Development (UNCTAD)
World Association of Investment Promotion Agencies (WAIPA)
Which organization was established to promote free trade and reduce trade barriers among member countries?
International Bank for Reconstruction and Development (IBRD)
General Agreement on Tariffs and Trade (GATT)
World Association of Investment Promotion Agencies (WAIPA)
European Coal and Steel Community (ECA)
When was the World Trade Organization (WTO) established?
1944
1951
1964
1995
What is the purpose of the United Nations Conference on Trade and Development (UNCTAD)?
The purpose of the United Nations Conference on Trade and Development (UNCTAD) is to promote trade and economic development in developing countries by providing policy recommendations, research, and technical assistance.
Which international financial organization was founded in 1947 to promote free trade and reduce trade barriers among member countries?
General Agreement on Tariffs and Trade (GATT)
What is the primary function of the World Association of Investment Promotion Agencies (WAIPA)?
The primary function of the World Association of Investment Promotion Agencies (WAIPA) is to promote investment and economic development by fostering cooperation and exchange of information among investment promotion agencies worldwide.