How select agency contributes to development of global trade


Assignment

BACKGROUND

International trade is a key factor for economic growth and can help to alleviate poverty. While trade is not an end in itself, it can enhance a country's access to a wider range of goods and services, technologies, and knowledge. It stimulates the entrepreneurial activities of the private sector; it creates jobs; it fosters vital learning processes; it attracts private capital; it increases foreign exchange earnings. Above all, it generates the resources for sustainable development and the alleviation of poverty.

TASKS

Select any one of the following two global institutions as a case study:

1. The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.

2. Created in 1945 the International Monetary Fund (IMF) is an organisation composed of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

You are required to:

• Demonstrate, using appropriate review of the related literature from a range of sources how the selected agency contributes to the development of global trade.

• Provide relevant examples on how the selected organisation has helped to enhance (or otherwise) global trade in the 21st Century.

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 include 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.

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