Practice, Question 25 The has substantially reduced worldwide tariffs and other trade barriers. Practice, Question 28 Which organization was formed to lend money to less-developed and developing countries primarily to fund infrastructure projects? General Agreement on Tariffs and Trade (GATT) World Bank 0 0 Canada's Corruption of Foreign Public Officials Act (CFPOA) International Monetary Fund (IMF) Practice, Question 26 Which organization was formed to monitor GATT agreements? 0 The International Monetary Fund The World Bank 0 0 The World Trade Organization 0 European Commission 0 International Monetary Fund 0 World Trade Organization World Bank 0 United Nations 0 Practice, Question 29 he was created to promote trade through financial cooperation and eliminate barriers by making short-term loans to member nations. International Bank 0 International Monetary Fund Global Assistance Fund 0 World Bank Practice, Question 27 Trade restrictions create what kind of barrier to international trade? Practice, Question 30 In what ways does NAFTA benefit Canada, the United States, and Mexico? legal and political 0 cultural 0 social economic It created a common currency. 0 The three nations can trade without tariffs or other trade barriers. 0 It eliminates competition between the countries. egulations were strengthened in banking and reduced for intellectual property.