Asked by Fred Tuwei on Sep 28, 2024
In addition to making short-term loans to member countries with deficits, the International Monetary Fund also takes steps to promote responsible business conduct.
Responsible Business Conduct
Ethical and socially aware business practices that take into account their impact on the environment, consumers, employees, communities, and stakeholders.
International Monetary Fund
An international organization aimed at promoting global monetary cooperation and exchange rate stability.
Short-term Loans
Loans scheduled to be repaid in less than a year, often used for immediate operational needs.
- Elucidate the functions and significance of the IMF and WTO within the realm of global commerce and economic systems.
Learning Objectives
- Elucidate the functions and significance of the IMF and WTO within the realm of global commerce and economic systems.