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Financial institutions and economic organizations were established to foster unity and promote economic development among member countries. They include: - GATT (1947), which handled trade barriers and created international trade laws. It was replaced by the WTO. - WTO (1995), which aims to lower trade restrictions and barriers to benefit all member states. - IMF and World Bank (post-WWII), which ensure economic stability and provide financial assistance to countries in need. - NAFTA (1994), which est

Author

Jovi Ann Quartel Miralles

Language

EN