What are the functions of global institutions like GATT, WTO, World Bank, U.N and IMF to regulates the international business and trade?

Q: hat roles do the International Monetary Fund (IMF), the World Bank and The World Trade Organization…

A: Globalization is a transaction and interdependence of nations culturally, economically ,…

Q: What are the two reasons for unfavorable terms of trade in semi-developed countries?

A: Terms of trade of a country is the proportion of export price index to the import price index.

Q: Give six actions that should be ilundertaken to ensure sustainability in your country?

A: Sustainability is the ability to maintain efficiency at a certain level. The sustainability of the…

Q: How will you explain each of the basic questions on trade, development, and industry?

A: Trade is considered as one of the basic economic concepts that involve the purchasing and selling of…

Q: What is Globalization is the emergence of an International Economic System?

A: Economic globalization refers to the rising interconnectedness of world economies as a result of…

Q: challenges Malaysia faces in global business?

A: Malaysia is a country in the Southeast part of Asia. It is well known for its beaches, and mix of…

Q: Should the World Bank only be focusing on urban areas?

A: The World Bank is a global association that gives financing, counsel, and exploration to emerging…

Q: How crucial is it to comprehend the phenomenon of modernity in order to study the international…

A: The international system is the framework in which states interact with one another. All states are…

Q: Why are the World Bank and IMF relevant for global businesses?

A: In the international market, there are some authorities that captures faith or trust of most of the…

Q: Base on the legal environment in jamaica, what are the negative and positive impacts of…

A: During the time span under consideration, the goods trade deficit averaged over 26% of GDP.…

Q: what way did world economic patterns and growth change as Latin America became more integrated into…

A: The global economy, often known as the world economy, is the total of all activities that take place…

Q: Can the Philippines benefit from the UN Sustainable Development Goals?

A: * ANSWER :-

Q: Why do countries produce local goods when it is cheaper to import

A: The economist around the world argues that the free trade is the best for every economy as it…

Q: why philippines needs the support of UN Sustainable Development Goals?

A: Sustainable development is a type of economic development whereby there is economic development in…

Q: How do different forms/stages of media impede and support global integration

A: Mass media are now viewed by whole world news, FTV programs, new technology, films, and music to be…

Q: What do you mean by OECD nations?

A: International trade occurs when there is an exchange of goods and services between various trading…

Q: Write down (5) micro and macro effects of globalization to an individual and (5) micro and macro…

A: Micro and macro effect of Globalization on individual:- 1) It raises the individual's level of…

Q: More and more global business firms are becoming stateless corporations. Do you think this may…

A: The measure that depicts the transfer of goods and services between individuals and entities being…

Q: What is the best way to address to the potential consequences of an outdated policy of a country?

A: Outdated policies can leave your relationship at serious risk. Old policies may disregard to adhere…

Q: Is trade within the US a significant component of development?

A: Trade is one of the most important component in US. It is critical for US as it is fueling economic…

Q: global business?

A: International business is a business firm which tends to engage in international economic activities…

Q: Why should the Philippines take part in global governance

A: Philippines is one of the growing country with having more focus on economic growth than political…

Q: What multilateral institution was created under the Bretton Wood system to manage the world economy?…

A: Bretton Wood System was used in pegging the US dollar to gold price which started in mid 1940s and…

Q: Would you consider globalization as a boon or bane?

A: Some arguments are for and some arguments are against the globalisation . Following are the reason .…

Q: How International economic Problems can be solved by international organizations?

A: We know that Globalisation is the reason of economic prosperity for some countries who were already…

Q: What is globalisation and how is it different from internationalisation?

A: Globalization:- Globalization refers to the process through countries are becoming more…

Q: For all of their diversity, less developed countries are linked by a range of common problems.Which…

A: Development refers to a concept in which the focus is done on improving the quality of life by…

Q: What is Term of Trade? Why the Terms of Trade in low and developing countries are normally low as…

A: The terms of exchange is the overall cost of products concerning imports and is characterized as the…

Q: Much of the world’s current economic activities is concentrated in a group of countries called the…

A: Triad countries are the 3 countries that dominating in the global economy till the late 90s. these…

Q: How does a country resolve global issues locally?

A: Local solutions can target to solve the global issues by decentralising the energy systems. Move of…

Q: What multilateral institution was created under the Bretton Wood system to manage the world economy?…

A: World bank:- World Bank is an international financial institution who provides loans, advice, and…

Q: The Nations that are dependent on core countries. O External Areas O Semi-periphery O Periphery

A: Nations that depend on core countries, their main reason for doing that is that they are dependent…

Q: Why is there a need for global governance

A: Global Governance:-  The worldwide Governance approach aims to identify inadequacies among the…

Q: What are two criticisms in World Bank and two of its opportunities in the future?

A: The economies around the world tend to work together with each other with the help of various…

Q: A nations ppf shifts inward as its population grows. What happens, on, average to the material…

A: Production possibility frontier (PPF) curve shows different possible combination of two goods that…

Q: s China interested in accountability in global business?

A: Accountability is a willingness to be open and upfront about one's performance, enabling others to…

Q: The following are the neo-liberal economic policies promoted by World Bank and IMF. Which is NOT? A.…

A: World Bank: It is an international organization that was founded in 1944 at Bretton Woods. The…

Q: Discuss the challenges to global governance

A:

Q: How does the United Nations influence global economic activity

A: The United Nations can be defined as an international organization which was founded in 1945 after…

Q: What is the benefits of our membership to the World Bank Group and International Monetary Fund?

A: The World Bank is an international financial institution that provides loans and grants to low- and…

Q: How can our country exercise and retain sovereignty in governance and policymaking to address global…

A: Maintaining the sovereignty of the country is the main duty of the government.

Q: What is the work of Organisation for economic cooperation and development ?

A: The Organisation for economic cooperation and development (OECD)is the international organisation…