International Organisations

Question 1

What is the role of International Organizations?

Answer 1

The roles of international organizations:

• International agenda
• mediating political bargaining
• providing a place for political initiatives.

Question 2

What are the main International Organizations that AU belongs in?

Answer 2

AU belongs to a number of international organizations: - The UN

• APEC
• IMF
• World Bank
• WTO

Question 3

What is APEC?

Answer 3

APEC, the Asia Pacific economic cooperation, promotes free trade, investments and economic growth and development in the pacific region. APEC partners make up more than 70% of the trade throughout AU.

Question 4

What is the World Bank?

Answer 4

The world bank is an international financial institution that provides bans and grants to the gov. of low and middle income countries. It was funded in July 1944, Located in Washington DC

Question 5

What is the WTO?

Answer 5

The world trade organization deals with the global rules of trade. Its main function is to ensure that trade flows smoothly and as freely as possible. 160 countries are members.

Question 6

What are some disadvantages of the WTO?

Answer 6

• Failure to reduce tariffs on agriculture
• Diversification
• Free trade ignores cultural and social factors
• criticism for being undemocratic
• slow progress

Question 7

What is the IMF?

Answer 7

The IMF stands for the international monetary fund. It is an organization of 190 countries. It provides:

• monetary cooperation
• secure financial stability
• facilitates international trade
• promotes high employment
• sustainable economic growth.

Question 8

What is the UN?

Answer 8

The UN is the international peace and security organization. It aims to maintain:

• international peace and security
• develop friendly relations among nations
• achieve international cooperation
• the global actions of nations.