The world trade organization

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Reference no: EM131378504

1- According to the article " IMF: Austerity is much worse for the economy than we thought", the austerity measures made European economies worse because

a-The European economies did not suffer worse recessions

b-The fiscal multiplier is much higher during a recession and government spending cuts made the recession worse

c-because the countries poorly administered large stimulus programs

2- The World Trade Organization (WTO):

a-assists importers and exporters in conducting their trade.

b-works together with UN forces to enforce international decisions.

c-organizes the negotiations involved in trade agreements and resolves disputes among members.

d-promotes trade by organizing educational conferences.

Reference no: EM131378504

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