What Do You Think of The Worlds Economy? Free Essay, Term Paper and Book Report
In our world today there are many forms of economy. The General Agreement on Tariffs and Trade, International Monetary Fund, and Third World Debt, give the new world a chance to develop their current trading policies.Throughout history, the countries of the world have traded and developed their economies, new systems have become known, also allowing the human race to cultivate along with it and acquire bigger and better necessities. Having money is a luxury only if a country or nation does not use it to promote itself. Throughout the twentieth century many organizations helped the developing nations manage their money, such as the IMF or The International Monetary Fund. Some nations developed and helped aid in solving crisis, others got involve with trade using GATT or General Agreement on Tariffs and Taxation. With the good there is bad. While some nations have money to spend others are paying back a national debts, sometimes losing the ultimate price.The General Agreement on Tariffs and Trade or GATT, is a multilateral treaty that aims to promote trade among its members in ma......
Word Count: 1494
Page Count: 5.9 (250 words a page / double spaced)
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