Match each of the international organizations below with one of its functions.

A. Bank for International Settlements (BIS)
B. International Monetary Fund (IMF)
C. World Bank
D. World Trade Organization (WTO)

Provides development loans

Provides a forum for negotiating multilateral trade agreements

Coordinates banking regulations in various countries

Gives advice and technical assistance

Respuesta :

Answer:

A.Coordinates banking regulations in various countries.

B.Give advice and technical.

C.Provide development loan.

D.Provide a forum for negotiating trade agreement.

Explanation:

Bank of International Settlement is an international institution to facilitate international financial and monetary cooperation. It is owned by the central banks.

IMF (International Monetary Fund) have its headquarter in Washington DC. 189 countries are its members. Its functions include lending the countries with balance of payment issues, supervise the economy of member countries. It was created on December 87, 1945 after the Bretton Woods Agreement.

World Bank provides low credit free and low interest loans, grants to other countries to improve health, infrastructure and education in developing countries. It was created in 1944.

World Trade Organisation was established on January 1, 1995. WTO ascertains that the global trade freely, predictably and smoothly. It creates the ground rules for international trade.

A.Statement 3,B.Statement 4,C.Statement 1,D.Statement 2

Who is in charge of BIS?

The BIS was founded in 1930 and is owned by 63 central banks representing countries from all over the world.

  • BIS is a non-profit organization whose mission is to promote international financial and monetary cooperation, controlled by the main banks.
  • The headquarters of the IMF are in Washington.It has 189 countries as members.Its responsibilities include funding to countries with BOP issues.
  • The World Bank provides low-cost, low-interest loans and grants to other countries to help them improve their health, infrastructure, and education.In 1944, it was founded.
  • On 1995, WTO was created.It ensures that global trade is conducted freely, predictably, and smoothly.It establishes the international trade laws.

Therefore, the above explanation aptly explains the statement.

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