Question 50
International Economic OrganisationsThe primary objective of all international economic organizations is to
- A.ensure that third world countries get a better share of the world's resources
- B.promote international economic co-operation for the mutual benefit of all members
- C.enforce structural adjustment programmes on less developed countries
- D.encourage exports from the developed to the less developed countries.
Show the answer and explanation
Answer: B (promote international economic co-operation for the mutual benefit of all members)
Explanation
Bodies such as the IMF, World Bank and ECOWAS exist to promote economic co-operation that benefits all their members.