1. Where does the IMF get its money from? The IMF receives its money from member countries and through payment of dues by them.2. Does the IMF help poor countries? If yes, how? The IMF helps and supports poor countries by changing the nature of economic circumstances and preventing major economic disasters in poor countries. It also helps to eliminate the weakness of a country due to the global economic crisis.3. First of all, why was the IMF created? The IMF promotes economic stability and monetary association worldwide. It encourages international trade, promotes a high level of employment, supports economic development and reduces poverty throughout the world.4. What is the relationship between the International Monetary Fund and the World Bank? Do we need both? Explain. The IMF and the World Bank have the same goal to share to raise the standard of living in their member countries. The IMF focuses on macroeconomic problems and the World Bank focuses on long-term economic growth and poverty reduction. However, both the IMF and the World Bank are essential to improving a country's economic growth and creating a better place for people to call home.WTO1. What are the principles of the WTO? There are five WTO principles: trade without discrimination, freer, predictable, competitive and beneficial to least developed countries. Most favored nation treats others equally. Under WTO agreements, trading partners are usually not separated within their respective nations. It allows an individual a special favor like offering him a product with low customs duty and the same favor should be offered to all other WTO members. National treatment involves treating foreigners and locals equally. Imported and manufactured products must be treated as......half of paper......what was its development?The European Union was made up of six countries and the members of these states were the first of the European Union and the first to create the European Free Trade Organization. Subsequently, events such as the Suez crisis led to the expansion of the Union by inviting seven more countries. The Union then started to expand and planned to invite ten more countries to join the European Union and there are 27 different countries in the European Union.4. Has any other geographic economic union emerged in other parts of the world since then? If yes, explain it? The Union State has arisen since the creation of the European Union. The State of the Union has grown geographically to incorporate seven more countries. The reason for this was to develop common policies on product regulation, freedom of movement of products and factors, and foreign trade policies.