BUSN 1100 Chapter Notes - Chapter 3: Organizational Learning, Individualism, Absolute Advantage
16 Dec 2016
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Export ( for growth ) selling and shipping of raw materials or products to other nations. Tariffs a tax on a particular foreign product being imported into the country. Quotas a limit on the amount of a particular good that may be imported into a country or of a particular product. Embargo a complete halt of trading with a particular nation during a given period of time. Misallocation of resources to weak or dying industries. Monitoring international trade: world trade organization (wto) International monetary fund (imf: the world bank and provides a place for resolving these disputes promoting world trade and stability provides policy advic to stabilize crisis lending economies and promote stable exchange rates e and. Provide policy advice for countries to manage themselves better provides low-interest loans and grants to fund development projects in developing countries. Economic community organization of nations formed to promote the free movement of resources and products among its members.
