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10. There are a number of organizations designed to regulate the global economy and assist individual nations in the global economy. List and describe two such organizations.

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The WTO came into being in 1995, succeeding the General Agreement on Tariffs and Trade (GATT) that was established in 1947. First of all, the IMF makes loans to "developing" countries to help them build infrastructure. ... In short, we can say that the IMF and the WTO play a huge role in globalization

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