Both the IMF and the World Bank act as global outreach partners to assist both developed and developing countries in areas that range from Economic Management to Rule of Law to Human Development. Although controversial at times, these two organizations and their over 180 members have touched almost every country on the globe, either directly or indirectly. In this module we will examine the difference between the two organizations and look at some of the projects they have undertaken.
After you complete the required assignments you will be able to:
- Illustrate the history of the WTO and its contribution to international business
- Identify ways that the World Bank and IMF provide support to global business ventures
- Identify the impact global organizations have on business decisions to trade internationally