International Economic Order

The International Economic Order refers to the framework of rules, agreements, and institutions that govern economic interactions among countries. It aims to promote fair, stable, and efficient global trade and finance by establishing standards for trade practices, currency exchange, investment, and development aid. This order helps ensure that countries can cooperate economically, reduce conflicts, and work toward shared growth and prosperity. Institutions like the World Trade Organization (WTO) and International Monetary Fund (IMF) play key roles in maintaining this order by mediating disputes and providing financial stability.