The G20 was originally established to preserve peace through international cooperation and collective security. maintain order in the international monetary system. formulate a coordinated policy response to financial crises in developing nations. manage, regulate, and police the global marketplace.
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- Description and substantiation of positive and negative aspects of globalization.Identify and explain the role of the World Bank. What was it originally set up for and how does it go about its role? Use examples to assist you regarding countries with which you may be familiar.advantages of globalization
- The primary purpose of the International Monetary Fund is to exchange one currency for another. lend foreign currency to member countries. consolidate the debt facing developing nations. collect the interest on loans made by the World Bank.The Bretton Woods System established the IMF and World Banks True or falseMERITS AND DEMERITS OF GLOBALIZATION