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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


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

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.

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