Governance Of Trade & Finance Flashcards
1
Q
The three Breton Woods institutions are?
A
IBRD GATT IMF Credit Stability Trade organizations
2
Q
There have been successful trade rounds dealing with?
A
Goods and services
Merchandise, especially manufactured goods
3
Q
The WTO extended GATTs remit to include?
A
NTBs
4
Q
The role of the IMF is?
A
To give short term credit to countries
5
Q
The role of the world bank is?
A
To extend credit to enable industrial development
To enable investment in education and infrastructure
6
Q
The main international currency is?
A
Dollar
7
Q
The post-Washington consensus is?
A
Not a consensus
An idea that market failure is as important as state failure
