by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the United Nations Conference on Trade and Development (UNCTD)UNCTD is another UN affiliate organization that addresses matters of international trade reform. More specifically, it seeks to foster international trade globally with the purpose of providing...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the European Union (EU)?The EU is a group of 27 European countries banded together to promote economic and social prosperity among the nations. Most notably, the EU has a pseudo-governmental body made up of representatives of member countries. The EU provides...
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 international courts exist and what are their functions?International courts exist as a result of an agreement between nations as to their formation and authority. The authority of the court over a country or its citizens may result from that country becoming a...
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 are the methods of carrying on international business?US companies intending to carry on international business can do so in the following manners: What is International Sales? A US company can carry out international sales by either selling directly to...