Identify and discuss the purpose of the three principal organizations designed to facilitate international trade.
What will be an ideal response?
The three organizations are the WTO, the World Bank, and the IMF.
The WTO (World Trade Organization) serves as a forum for agreements between nations about international trade, and a means to resolve disputes in that area.
The World Bank provides low-interest loans to developing countries for improving their infrastructure, including transportation, education, health, and communications.
The IMF (International Monetary Fund) assists in the flow of money between nations, and operates as a last-resort lender that makes short-term loans to countries in financial difficulties.
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