Question: What are the three (3) institutions functioning today originating out of the Bretton Woods Conference in 1944? (3 Marks) What is the General Agreement on

  1. What are the three (3) institutions functioning today originating out of the Bretton Woods Conference in 1944? (3 Marks)
  2. What is the General Agreement on Tariffs and Trade (GATT)? (2 Marks)
  3. What are the two (2) major roles for the GATT at its creation? (2 Marks)
  4. What are the three (3) basic rules GATT and The World Trading Organisation (WTO) based on? (3 Marks)
  5. The International Monetary Fund and the World Bank share the same role. What is this role? (2 Marks)
  6. What major issue the International Monetary Fund (IMF) focuses on? (1 Mark)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

answer questions below 3. THE HISTORICAL BACKGROUND OF FREE TRADE - Adam Smith and Free Trade The World is not just flat, says Thomas Friedman but, according to his sequel, Flat, Hot and Crowded....

Q:

. 3. THE HISTORICAL BACKGROUND OF FREE TRADE Adam Smith and Free Trade The World is not just flat, says Thomas Friedman but, according to his more recent book, Flat, Hot and Crowded. Toward the end...

Q:

Based on the clauses discussed in the lesson notes for international contracts, create a contractual agreement for a fictitious company you may actually establish in the future. INTERNATIONAL LAW...

Q:

Hi, please answer from the pages from book below please:) Question 1 : a) What are the two main initiatives of the WTO? explain b) Discuss the WTO enforcement capabilities? c) What is the WTO stance...

Q:

The 1944 Bretton Woods Conference was held to address which of the following? Select one: A. The need to restore international monetary stability B. The need to revitalize world trade C. The need to...

Q:

1 Not yet answered Points out of 0.57 Not flaggedFlag question Question text The 1944 Bretton Woods Conference was held to address which of the following? Select one: A. The need to restore...

Q:

Solve these question: A. 1. Hegemonic stability theorists argue that in the interwar period a. Britain was no longer willing to be the global hegemon. b. the United States was not yet willing to be...

Q:

The ideas underpinning the modern nation-state trace their origins back to* 1 point The Peace of Westphalia, 1648 The Peace of Westphalia, 1748 The Treaty of Rome, 1648 The Treaty of Westpeacia, 1648...

Q:

QUESTION 1 The World Bank, the General Agreement on Tariffs and Trade (GATT) and the International Chamber of Commerce are known as the Bretton Woods Institutions, because they resulted from the...

Q:

Hi, do you have the answers for this course International Financial Markets? This is my homework: thanks! 1) Which of the following is the best definition of monetary order? A) a set of laws that...

Q:

How do we know whether an idea has the potential to become a viable business opportunity?

Q:

(1 point) The vector equation r (u, v) = u cos vi + u sin vj + vk, 0

Q:

The fee - for - service ( FFS ) model in healthcare refers to: A model where healthcare providers are reimbursed separately for each specific service or treatment they provide to a patient. A payment...

Q:

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...