Which of the following describes a primary role of the World Trade Organisation (WTO) in the governance of the global economy?
Providing short-term financial assistance and liquidity to countries experiencing severe balance of payments crises
Financing long-term capital projects and infrastructure development to reduce poverty in developing nations
Formulating and enforcing global competition laws to regulate cross-border mergers and monopoly power
Facilitating multilateral trade negotiations and arbitrating trade disputes arising under negotiated agreements
310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.