Question : What impact do new international economic organizations have on traditional global financial institutions?
Option 1: They replace the role of traditional institutions
Option 2: They complement the efforts of traditional institutions
Option 3: They reduce the relevance of global trade
Option 4: They focus solely on regional issues
Correct Answer: They complement the efforts of traditional institutions
Solution :
Correct Option: Option 2
Explanation: New international economic organizations complement the efforts of traditional global financial institutions by addressing specific economic challenges and providing alternative platforms for cooperation, thereby enhancing the overall effectiveness of global economic governance.
