Connotation of World Trade Organization and International Monetary Fund
The World Trade Organization is a global free trade organization, aiming at promoting international trade, lowering trade barriers and strengthening international trade cooperation among its members. Its tasks include promoting free trade, promoting economic development, coordinating global trade rules, handling trade disputes and supporting technical cooperation. The International Monetary Fund (IMF) is a global international monetary cooperation institution, whose main duties are to promote the stability of the international monetary system, maintain the international exchange rate order, encourage the development of international trade, and provide financial and technical assistance to member countries. In addition, the organization is committed to promoting financial and economic knowledge and understanding, strengthening development and reducing poverty in developing countries.