Trade Organizations

Question 1

WTO

Answer 1

World Trade Organization; only organization that deals with the rules of trade.

Question 2

APEC

Answer 2

Asian Pacific Economic Cooperation; promotes free trade in the Asia-Pacific area.

Question 3

G7

Answer 3

Group of Seven; publish global statments on events. (Canada, Japan, France, USA, UK, Germany, Italy)

Question 4

G20

Answer 4

Group of Twenty; unite world leaders with shared view son economics, politics, etc. (Canada, USA, UK, Australia, etc)

Question 5

OECD

Answer 5

Organization for Economic Cooperation and Development

Question 6

World Bank

Answer 6

The World Bank is dedicated to providing financial advice, and research, to develop nations in aiding their economic advancement.

Question 7

IMF

Answer 7

International Monetary Fund; an organization of 190 countries, working to:
- foster global monetary cooperation
- secure financial stability
- facilitate international trade
- promote high employment and sustainable
economic growth
- reduce poverty