Module 2

(?) are entities formed by multiple sovereign states or other entities that hold authority or jurisdiction over member states.

• Supranational Organizations

• Global Economy

  
  

• TRADE

  
  

• Economic Integration

  
  

"The only true and sustainable prosperity is shared prosperity"

• Anthony Giddens

• Joseph Stiglitz

  
  

• Grupo de Lisboa

• Majesty

Why do nations trade

• economic growth

• exnovation

• efficiency

• economy of sales

______ system is a direct trade of goods and services

the creation of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD).

• Yalta conference

• Earth Summit

• Bretton woods conference

• Vienna Summit

• maintenance of a system of fixed exchange rates centered on the US dollar and gold. Contribute to the expansion of trade by providing short term financial assistance to countries experiencing temporary deficits.

• IMF
  International Monetary Fund

• IBRD
  International Bank of Reconstruction and Development

•  Process by which a nation improves the economic, political and social well-being of its people.

•  The use of trade barriers to protect industries from foreign competition

• economic integration

• economic strategy

• economic protection

• free trade

• Refers to framework and arrangements that governs international economic interactions and shape global economy.

• structures of Democratic deficits

• structures of environment impact

• structures of trade bloc

• structures of global economy

Structures of Global Economy International Monetary Fund (IMF) Promotes global monetary cooperation, financial stability, policy advice, monitors global economic developments, and facilitates international monetary cooperation

• true

• false