Which circumstance would give country x and absolute advantage over country y in the production of clothing? its production costs for clothing were the lowest in the world its tariffs on clothing were the highest in the world it had the largest clothing industry in the world it had the lowest minimum wage in the world which describes the role of the world trade organization in the global economy? coordinate banking regulations provide short term emergency loans provide long term development loans generate multilateral agreements why does the imf impose conditions on its loans? promote the free market system rid the world of command economies manage the economies of struggling countries impose uniform regulations on the international banking system which describes the goal of international foreign aid? eliminate poverty provide emergency relief punish an o