Which organization is responsible for monitoring global trade policies?

The World Trade Organization (WTO) is the organization that plays a critical role in monitoring global trade policies. Established to regulate international trade, the WTO aims to facilitate smooth, predictable, and free trade across nations. It provides a forum for negotiating trade agreements, resolving disputes, and ensuring that countries adhere to international trade rules.

One of the key functions of the WTO is to oversee the implementation of trade agreements and to conduct regular reviews of members' trade policies. This monitoring helps maintain transparency in global trade practices and ensures compliance with the established agreements, thus fostering a fair trading environment.

The other organizations listed have distinct areas of focus; for instance, the World Bank primarily focuses on providing financial and technical assistance for development projects, while the International Monetary Fund (IMF) addresses global monetary cooperation and financial stability. NATO, on the other hand, is a military alliance that deals with security and defense issues, rather than trade. These differing roles highlight the WTO's unique position as the designated authority for global trade policy monitoring.