Economic Measures

International Financial Organizations

Team C

GBM-381

October 27, 2014

Professor Houser

International Finance Organizations

International trade can be very difficult to understand and interpret. The economy of countries involved in international trade is dependent on the countries’ success of understanding the laws and regulations associated with international trade and the understanding of the barriers that international trade can produce. The two countries, France and Poland, were examined by the team to help the team understand the complexity of international trade. Underdeveloped and developing countries have resources available to them that help them become successful in trading with more developed countries. The World Trade Organization and the International Monetary Fund are organizations that promote and allow for international trade. These organizations promote free-trade and have a framework designed to ensure that free-trade and fairness to all parties exists. These organizations help countries such as Poland and France settle disputes and come to agreements regarding trade between the two nations. Throughout the 5-week course, different topics about Poland and France have been discussed. These topics will be discussed along with how international finance organizations have an effect on these two countries.

Summary of Previous Papers

In the first week that we worked together as a learning team, the first topic dealt with trading positions. We had to choose two countries to discuss, which were France and Poland, and identify three natural resources or products that could be traded with one another based on the comparative advantage of each one of the countries. Another important issue that we discussed throughout this week was how the natural resources or products of these two countries could help take their current trading position to a global trading position. The three natural resources or products that we spoke about for France were...