IGOs Flashcards
1
Q
what does the world bank do
A
provides loans in order to help rebuild the economy and alleviate poverty
2
Q
what does the World Trade Organisation (WTO) do
A
reduce tariffs to allow the standardisation of product, reduction of trade barriers and elimination of preferences.
3
Q
What does the International Monetary Fund (IMF) do
A
help governments balance their payments when suffering from economic difficulties.
4
Q
what does Foreign Direct Investment (FDI) do
A
controlling ownership of a business enterprise in one country by a company or organisation based in another country
