Question

Which of the following are stated goals of the G20?

Check all of the boxes that apply.

establishing trade barriers

discussing global economic cooperation

responding to global economic crises

Answer 1

- establishing trade barriers — No
- discussing global economic cooperation — Yes
- responding to global economic crises — Yes

The G20 is a forum for major economies to coordinate on international economic and financial policy, promote global economic cooperation and stability, and respond to crises (for example, coordinating during the 2008 financial crisis). It does not aim to create trade barriers; it generally supports open markets and cooperation on trade.