i) To ensure reduction of tariff and other barriers.
ii) To eliminate discrimination in trade.

(i) Administering WTO trade agreements.
(ii) Forum for trade negotiations.
(iii) Handling trade disputes
(iv) Monitoring national trade policies.

(i) International Development Association (IDA, 1960)
(ii) International Finance Corporation (IFC, 1956)
(iii) Multilateral Investment Guarantee Agency (MIGA, 1958)
(iv) International Centre for Settlement of Investment Disputes (ICSID, 1966)

(i) Common market is established through trade pacts.
(ii)  A group formed by countries within a geographical area to promote duty free trade and free movement of labour and capital among its members.

1. Loans out of its own fund.
2. Loans out of borrowed capital and
3. Loans through Bank's guarantee.

Agreement on Trade Related Intellectual Property Rights (TRIPs)
(i) Intellectual Property Rights include copy right, trade marks, patents, geographical indications, trade secrets, industrial designs, etc.
(ii) Intellectual Property Rights include copy right, trade marks, patents, geographical indications, trade secrets, industrial designs, etc.
(iii) The period of protection will be 20 years for patents, 50 years for copy rights, 7 years for trade marks and 10 years for layout designs
(iv) As a result of TRIPS, the dependence of LDCs on advanced countries for seeds, drugs, fertilizers and pesticides has increased. Farmers are depending on the industrial firm for their seeds

(i) The IMF established Structural Adjustment Facility (SAF) in March 1986 to provide additional balance of payments assistance on concessional terms to the poorer member countries.
(ii) In December 1987, the Enhanced Structural Adjustment Facility (ESAF) was set up to augment the availability of concessional resources to low income countries.
(iii) The purpose of SAF and ESAF is to force the poor countries to undertake strong macroeconomic and structural programmes to improve their balance of payments positions and promote economic growth

Inclusive growth, Trade issues, Global governance, Shared Prosperity, International peace and security.

(i) It is a multinational legal or trade agreements between countries.
(ii) It is an agreement between more than two countries but not many.

(i) Bringing stability in exchange rate
The IMF is maintaining exchange rate stability and emphasising devaluation criteria, restricting members to go in for multiple exchange rates and also to buy or sell gold at prices other than declared par value.
(ii) Correcting BOP Disequilibrium
The IMF is helping the member countries in eliminating or minimizing the short-period disequilibrium in their balance of payments either by selling or lending foreign currencies to the member nation.
(iii) Determining par values
IMF enforces the system of determination of par values of the currencies of the member countries. According to the Articles of Agreement of the IMF, every member nation should declare the par value of its currency in terms of gold or US dollars. Under this article, IMF ensures smooth working of the international monetary system, in favour of some developed countries.
(iv) Balancing demand and supply of currencies
IMF is entrusted with the important function of maintaining balance between demand and supply of various currencies. The Fund (IMF) can declare a currency as scarce currency which is in great demand and can increase its supply by borrowing it from the country concerned or by purchasing the same currency in exchange of gold.
(v) Reducing trade restrictions
The Fund also aims at reducing tariffs and other trade barriers imposed by the member countries with the purpose of removing restrictions on remittance of funds or to avoid discriminating practices.
(vi) Providing credit facilities
IMF is providing different borrowing and credit facilities with the objective of helping the member countries. These credit facilities offered by it include basic credit facility, extended fund facility for a period of three years, compensatory financing facility and structural adjustment facility

(i) The establishment of SAARC Preferential Trading Agreement (SAPTA) and reduction in tariff and non - tariff barriers in imports.
(ii) The setting up for Technical Committees for economic co - operation among SAARC countries relating to agriculture, communication, education, health, population, rural development, science and technology, tourism etc.
(iii) SAARC was established a three - tier mechanism, for exchanging information on poverty reduction programmes.
(vi) SAARC agricultural information centre(SAIC) in1988 works as central information institution for agriculture related resources like fisheries, forestry etc.
(v) South Asian Development fund (SADF) for development projects, human resource development and infrastructural development projects