the International Monetary Fund and The World Trade Organization

$12.00

Write 4 – 5 pages of text (not including the cover page or references) on one of the following 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 for 10%.
In addition to the textbook, you may go to www.imf.org ; worldbank.org, and www.wto.org, also the CIA Factbook.

****this class only can use business journal articles and our textbook when citing. please revision. Thanks***
Please No quotes are allowed in any of your assignments for this class. Paraphrase all citing your sources both in-text as well as at work’s end.

I give you references list, Please use that. thanks

Description

The World Trade Organization (WTO) is a worldwidebody that standardizesglobal trade. Trade is one of the important segments of the world economy, and globalization has not only increased international trade, but it has also predisposed the world to trade conflicts because of the growing competition, making the case for a regulator (Jackson, 2008). WTO therefore acts as the monitor at the world trade stage, ensuring first there are rules, and second, the rules are obeyed.  The organization plays a critical role in administering conflicts arising from international trade, providing a platform where member states sort out their trade differences (Hill & Jain, 2000). Considering the importance of trade in the world today, and the cut throat competition that predisposes states to trade conflicts, the importance of the World Trade Organization performs vital functions regulating world trade.