by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the International Monetary Fund (IMF)?The International Monetary Fund (IMF) is similar to an international bank with the underlying purpose of fostering global monetary policy, commerce, and trade. The intended result is to increase employment levels, drive...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is The World Bank?The World Bank is a financial institution that promotes economic development in developing countries with the purpose of fostering economic strength and reducing poverty through increased foreign investment and international trade. The World...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the World Trade Organization (WTO)?At the end of WWII, a large block of countries signed a treaty known as the General Agreement on Tariffs and Trade (GATT). The purpose of the treaty was to demonstrate an intent to foster trade among the countries of the...
