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What do the following letters stand for? Write each answer in the appropriate space - Leaving Cert Economics - Question 5 - 2017

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What do the following letters stand for? Write each answer in the appropriate space. IMF ECB WTO

Worked Solution & Example Answer:What do the following letters stand for? Write each answer in the appropriate space - Leaving Cert Economics - Question 5 - 2017

Step 1

IMF

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Answer

IMF stands for International Monetary Fund, which is an international organization that aims to promote global economic growth and financial stability.

Step 2

ECB

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Answer

ECB stands for European Central Bank, which is responsible for managing the euro and formulating monetary policy within the Eurozone.

Step 3

WTO

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Answer

WTO stands for World Trade Organisation, which is an intergovernmental organization that regulates international trade.

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