IGOs

Question 1

IMF function

Answer 1

To monitor the economic and financial development of countries and to lend money when countries are facing financial difficulties.

Question 2

World Bank function

Answer 2

To give advice, loans and grants for the reduction of poverty and the promotion of economic development.

Question 3

United Nations function

Answer 3

To prevent war and to arbitrate on international disputes. It has since developed a wide range of specialist agencies dealing with matters such as health and refugees.

Question 4

WTO function

Answer 4

Trade policies, agreements and settling disputes. It promotes global free trade.

Question 5

NATO function

Answer 5

A military alliance between European countries and the USA.

Question 6

OECD function

Answer 6

Analysis of economic development. Forecasting and researching development issues. Most developed world countries are members.