Defenders of institution like the World Trade Organization, the World Bank, and the International Monetary Fund claim that because these institutions exist and have authority only because nations have agreed to have them exist with authority and have freely entered into agreements that created and control them, their critics can be accused of supporting undemocratic policies.

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The passage states that these institutions exist and have authority only because nations have agreed to have them exist with authority and have freely entered into agreements that created and control them. This means that the critics of these institutions can be accused of supporting undemocratic policies because they are arguing against the will of the nations that have agreed to create and control these institutions.

Defenders of Institution Like the World Trade Organization, the World