According to Chapter 18, which of the following institutions demonstrates China's willingness to found organizations that further its interests but that are still tied to the international trade system?

Question

Quizplus · Accepted Answer

The Asian Infrastructure Investment Bank (AIIB) is an institution founded by China that demonstrates its willingness to found organizations that further its interests while still being tied to the international trade system. The AIIB was created in response to China's perceived lack of influence in existing international financial organizations such as the World Bank and the International Monetary Fund. The AIIB has a focus on infrastructure development in Asia and has gained support and membership from both Western and non-Western countries. The other options, the Asian Development Bank (ADB) and the Shanghai Cooperation Organization (SCO), were not founded by China and do not solely serve its interests.

According to Chapter 18, Which of the Following Institutions Demonstrates