The disproportionate influence of the United States and Europe has prevented costly decisions from being made against them by WTO panels.
Indicate whether this statement is true or false
Question 2
How does the International Monetary Fund compare to the World Bank?
A) The International Monetary Fund works to balance international payments, whereas the World Bank works to balance national accounts.
B) The IMF coordinates international currency exchange, the balance of international payments, and national accounts, whereas the World Bank provides loans to developing countries for capital programs.
B) The International Monetary Fund has states as members, whereas the World Bank has regional banks such as the European Bank for Reconstruction and Development and the Inter-American Development Bank as members.
C) The International Monetary Fund prefers the operation of multinational corporations across borders, whereas the World Bank prefers the operation of national companies across borders.
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