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What are the purposes of international economic organizations? Select three options.to resolve trade disputesto observe the global economyto promote fair and successful tradeto solve the problems of various countriesto encourage trade in developing countries

Sagot :

Answer:

to resolve trade disputes

to promote fair and successful trade

to encourage trade in developing countries

Explanation:

IEO was founded in 1961, it settles trade disputes, encourages fair trade, and promotes trade in developing nations.

What exactly is an international economic organization (IEO)?

A 34-country international economic organization founded in 1961 to promote economic progress and global trade. There are three major international economic institutions: the World Trade Organization (WTO), the International Monetary Fund (IMF), and  UNC TAD.

The purposes/goals of international economic organizations are:

  • to settle commercial disputes
  • to encourage honest and successful trade
  • to promote trade in developing nations

Therefore, the above statement explains the IEO.

Learn more about the IEO here:

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