(i) Trade without discrimination
(ii) Protection only through Tariff
(iii) Prohibition of Quantitative Restriction
(iv) Consultations

IMF - It works to foster global growth and economic stability by providing policy.
World Bank - Provide long-term loans to developing countries for development.
SAARC - The independence of nations has been increased.

IMR - International Monetary Fund
IBRD - International Bank of Reconstruction and Development
SAARC - South Asian Association for Regional Cooperation.

The main goal of WTO is to help the trading industry to become smooth, fair, free and predictable.

This agreement was made to ensure free and fair trade in agriculture. This agreement made the developed countries reduce customs duties on their imports and subsidies on the export of agricultural products. But developing countries were exempted from making reciprocal offer keeping in view of high dependence of these countries on agriculture.

The General Agreement on Tariffs and Trade (GATT). GATT was a multilateral treaty. It laid down rules and regulations for conducting international trade.

South Asian Association for Regional Co-operation (SAARC) is the regional inter governmental organization and geo-political union of nations in South Asia.

SPECIAL DRAWING RIGHT (SDR) was created by the IMF in the year 1969 as supplementary international reserve asset.

International Bank for Reconstruction and Development is commonly known as World Bank. It has its offices all over the world.

WTO is World Trade Organisation.