International Monetary Fund (IMF): The IMF is an international organization that aims to promote global monetary cooperation, secure financial stability, facilitate international trade, foster sustainable economic growth, and reduce poverty around the world.
World Trade Organization (WTO): The WTO is an international organization that deals with the global rules governing trade between nations. It helps ensure smooth flow of goods and services across borders while resolving disputes related to trade.
Economic globalization: Economic globalization refers to increasing interconnectedness among economies worldwide through cross-border flows of goods, services, technology, capital investments, information exchange, labor migration etc.