International Trade Organisations

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The international organisations

7. The OECD

6. The Marshall Plan

4. IMF

9. The World Trade Blocs

3. WTO

8. The Transnational Institute

2. International organisations

5. The World Bank

1. International Trade

index

It is the exchange of goods and services between countries. A product that is sold to the global market is an export, a product bought from the global market is an import.

1. What is international trade?

International economic activity is regulated through organisations which promote international trade and through trading blocs. A number of international organisations have been created in order to regulate and facilitate international trade

2.International organisations

3. WTO (The World trade organization)

It was established in 1995, under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade (GATT). It deals with regulations of trade between participating countries (161 members). It helps to promote free trade by persuading countries to abolish import tariffs and other barriers to open markets. Its objective is to help producers of goods and services, exporters and importers to conduct their business. The WTO also mediates trade disputes between member states and supervises the implementation of trade agreements. The WTO's headwuarters is in Geneva, Switzerland.

The International Monetary Fund is an international organisation of 188 countries with headquarters in Washington, D.C., in the US. It was etablished in 1945 with the aim of promoting global monetary cooperation and economic growth, securing financial stability, and providing temporary financial assistance to countries in financial dfficulties.

4. THE IMF (INTERNATIONAL MONETARY FUND)

No members: North Korea, Andorra, Cuba, Monaco and Liechteinstein

5. The world bank

It was started in 1944 to rebuild Europe after World War II. Nowadays it provides financial and technical assistance to developing countries for development programmes, such as roads and schools. It has 188 members and its headquarters are in Washington D.C. It consists of two organisations: 1. the International Bank for Reconstruction and Development, providing loans, credit and grants; 2. the International Development Association, providing low-or-no-interest loans to low-income developing countries.

Officially the European Economic Recovery Program (ERP), was a large scale American program to help rebuild European economies after the end of the World War II, in order to combat the spread of Soviet Communism. The plan was in operation for four years beginning in April 1948. The goals of the United States were to rebuild a war-devastated region, remove trade barriers, modernize industry, and make Europe prosperous again. The initiative was named after Secretary of State George Marshall.

6. THE MARSHALL PLAN

7. THE OECD

The Organisation for Economic Co-operation and Development is an international economic organisation of 34 countries founded in 1961 to stimulate economic progress and world trade. It is a forum of countries committed to democracy and the market economy, providing a platform to compare policy experiencesm seek answers to common problems, identify good practices and co-ordinate domestic international policies of its members. The OECD originated in 1948 as the Organisation for European Economic Co-operation (OEEC), to help administer the Marshall Plan. Later, its membership was extended to non-European states. Most OECD members are high-income economies with a high Human Development Index. The OECD's headquarters are in Paris.

It is and international network of activist researchers committed to critical analyses of the global problems of today and tomorrow.It aims to provide intellectual support to movements struggling fot a more democratic, equitable and environmentally sustainable world.

8. THE TRANSNATIONAL INSTITUTE

Multinational trading blocas pay a central role in international trade negotiations. These blocs are composed of a group of countries that decide to have common trading policies for the rest of the world in terms of tariffs and market access, but have preferential treatment towards one another.

the world trade blocs

Thanks!made by Prof.ssa Annalisa Sblano