Does The Global Economy Need International Economic Organizations Such As Wto, Imf, Eu, Ibrd Or Ida?

I want to know what are the pros and cons of those .

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One Response to Does The Global Economy Need International Economic Organizations Such As Wto, Imf, Eu, Ibrd Or Ida?

  1. RUS says:

    They all add some stability in global economic fluctuations. For instance EU/WTO helps countries to trade between each other by removing trade barriers and ensuring better gains from free trade, specialization, comparative advantages.
    IMF supports monetary stability.

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