Assignment: Multinational Financial Institutions
Purpose of Assignment
As globalization continues to expand worldwide, multinational financial institutions become more important in helping nascent economies. These development banks not only provide financing for intellectual assistance to infrastructure projects, but also make available access to basic education as well. For a well-rounded knowledge of international economics, it is incumbent upon the business student to acquaint themselves of these global institutions.
Assignment Steps
Resources: Suggested but not required: Vreeland, James. {2003}. The IMF and Economic Development. New York, NY: Cambridge University Press.
Search the Internet for vendors who sell this book or inquire about it with a local library.
Select one financial institution from the following list:
• European Investment Bank
• Asian Development Bank
• World Bank
• Development Bank of Latin America
• International Monetary Fund
Develop the following in a minimum 700-word essay:
• Describe its origin, organization, purpose, and tax benefits for new business.
• Analyze the interaction between the selected global financial institution and the exchange rate mechanism of the foreign exchange market.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.