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International Business

MAN551 International Business

Write minimum 4 – 5 full pages of text (content) on all three agencies:

  1. The International Monetary Fund (IMF) whose international economic organization whose purpose is to promote international monetary cooperation to facilitate the expansion of international trade,
  2. The World Trade Organization – deals with the rules countries use when trading between each other and
  3. The World Bank.

You will need 4-5 references in APA Format. You can go over 4 pages but not under. Remember your cover page.

In addition to the textbook, you may go to www.imf.orgworldbank.org, and www.wto.org, also the CIA Factbook.

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Answer preview

International businesses have thrived over the years because of the presence of a multilateral organization that facilitates negotiations and make rules that govern trade. The majority of the major multilateral organizations in the world were started after the Second World War to facilitate the rebuilding of economies affected by the war. The World Bank (WB), the International Monetary Fund (IMF), and the World Trade Organization (WTO) are organizations that focus on improving access to credit for developing countries and also improving businesses between nations. These organizations have been successful to some extent, but there is criticism on how the organizations are managed and the outcome of the organization’s policies. (1460 words)