Exam 16: Appendix A: International Institutions From a Business Perspective

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Some think that renewed focus on exchange rates would be a good path forward for the IMF,which is struggling with core issues related to its purpose.

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New institutional theory suggests that institutions provide

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A

The _________ promotes orderly FX exchange arrangements and makes funds available for balance-of-payments corrections.

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IMF
Explanation: The IMF loans have conditions that make the IMF unpopular with governments in need.

The EU began as a collaboration focused on only two industrial goods,____________.

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In a ______________,trade among members is tariff free.

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The first principle of the WTO's five basic principles is trade without

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The Doha Development Agenda is an extended development plan for Doha,Qatar.

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The UN is a humanitarian organization and

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A common markets is a customs union with the addition of

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The EU is administered by the European Commission,a group composed of 27 commissioners,elected at the EU level.

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In a _______________,there is no restriction on goods,services,people,and capital among members,whose trade is duty free.

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IDA's purpose is to loan to

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The EU developed from a post-war (WWII)

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Police departments,armies,and most universities are examples of _____________ institutions.

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The EMU (the European Monetary Union or the Economic and Monetary Union)has established the euro,a currency that is used in

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NAFTA is an agreement among

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The WTO is the only international organization designed to establish and help implement

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The agreement establishing a free trade area among Canada,the U.S.,and Mexico is known by the acronym

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The United Nations is probably the best known among

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An informal cognitive institution is

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