Question : How do International Financial Institutions (IFIs) influence globalization?
Option 1: By promoting trade barriers
Option 2: By discouraging foreign investment
Option 3: By supporting economic integration and stability
Option 4: By limiting the flow of capital
Answer (1)
22nd Jan, 2024
Correct Answer: By supporting economic integration and stability
Solution : IFIs like the IMF and World Bank support economic integration and stability, which are essential components of globalization, by providing financial assistance and policy advice.
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