International Trade Question
Essay Case Study 5 pages about international monetary fund, world trade, and bank
THEME : The Organization for Economic Cooperation and Development (OECD) Convention is an unusual international agreement in that it seeks to coordinate disparate legal and ethical systems in order to arrive at a minimum standard with respect to an important form of white collar crime. It obliges signatory countries, which now include all 30 OECD member countries plus a growing number of non-members, to make the bribery, corruption, extortion, and/or insiders trading of a foreign public official a crime under their laws. Why is this such a difficult policy to implement?
References will be provided
Requirements: 3
Case Study 5 pages. On all three agencies.
- The International Monetary Fund (IMF) whose international economic organization whose purpose is to promote international monetary cooperation to facilitate the expansion of international trade,
- The World Trade Organization – deals with the rules countries use when trading between each other and
- The World Bank.
In addition to the textbook, you may go to www.imf.org; worldbank.org, and www.wto.org, also the CIA Factbook
- Chapter 6: International Trade Theory
- Chapter 7: Government Policy and International Trade
- Chapter 11: The International Monetary System
References
Here are references and videos to assist you in understanding the content matter for your research.
Videos and References
The OECD Principles
Answer preview
White-collar criminals have been the source of global concern for quite some time. Many countries have often encountered challenges not only coming up with laws to prevent these crimes but also implementing these laws. Combating white-collar crimes such as bribery, extortion, and corruption is not the sole responsibility of countries. Intergovernmental organizations such as the Organization for Economic Cooperation and Development (OECD), the World Bank, International Monetary Fund, and the World Trade Organization, have over the years re-affirmed their dedication to pushing member and non-member countries to come up with domestic laws that make bribery, corruption, and extortion crimes within their jurisdiction. Implementing the OECD policy has become problematic, considering all the challenges these member and non-member countries face.
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