Market Integration

Question 1

There are two types of international financial institutions

Answer 1

intergovernmental and private.

Question 2

Its aim is to end extreme poverty and promote shared prosperity in a sustainable way

Answer 2

intergovernmental institution

Question 3

Five Organizations that Belong to the WB Group

Answer 3

International Bank for Reconstruction and Development

International Development Association

International Financial Corporation,

Multilateral Investment Guarantee Agency

International Center for Settlement and Investment Disputes.

Question 4

also an intergovernmental institution, works to foster global monetary cooperation, secure financial stability, facilitate international trade, and more (imf.org/en/About). Like the WB, it also grants financial assistance and loans to developing countries.

Answer 4

IMF

Question 5

The integration of the global market started when big American corporations began to emerge after the Second World War with the rise of new conglomerates.

Answer 5

Market Integration

Question 6

The rise of American, Japanese, and European global corporations paved the way for the further development of international trade. Iwan (2012) identifies the differences among international multinational, transactional and global companies:

Answer 6

Market Integration

Question 7

are importers and exporters with no investments outside their home countries.

Answer 7

International Companies

Question 8

have investments in other countries, but do not have a coordinated product offering in each country. They are more focused on adapting their products and services to each individual local market.

Answer 8

Multinational Companies – (MNCs)

Question 9

have investments and are present in many countries. They typically market their products and services to each individual local market.

Answer 9

Global Companies

Question 10

are more complex organizations that have investments in foreign operations, have a central corporate facility but give decision-making, research and development, and marketing powers to each individual foreign market.

Answer 10

Transactional Companies – (TNCs)