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Question : What role do International Financial Institutions (IFIs) play in globalization?

 

Option 1: They discourage global trade 

Option 2: They promote economic stability and integration  

Option 3: They reduce foreign direct investment 

Option 4: They increase trade barriers


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: They promote economic stability and integration  


Solution : IFIs, such as the IMF and World Bank, play a crucial role in promoting economic stability and integration, which are key aspects of globalization.

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