Author : EconomyWatch

Imports involve transfer of goods and services from a foreign country to home country.Exports on the other hand, entail transfer of goods and services from a home country to...

When a country floods the market of another country with products that are sold at very low prices, it is called as ‘dumping.’ Dumping benefits the buyers but impacts...

The International Finance Corporation (IFC) is a Washington, DC-headquartered organization that promotes private sector investments in developing countries. To obtain assistance from the IFC, countries must become its members....

Too many trading forums and treaties are talked and debated about but we hardly remember their actual accomplishments. The North American Free Trade Agreement or NAFTA, which came into...

Trade organizations are associations that countries establish to liberalize trade among member countries through voluntary participation. Treaties like the NAFTA aim to liberalize trade between member countries smoothly. Trade...

 The Organization Of The Petroleum Exporting Countries (OPEC) was founded in the year 1960 by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.OPEC is an intergovernmental organization. The sole aim of the organization...

 Presently The International Bank for Reconstruction and Development (IBRD) have 184 member countries, International Development Association (IDA) has 165 members, International Finance Corporation (IFC) has 178 members, Multilateral Investment...

The International Labour (Labor) Organization (Organisation) or ILO addresses global labor issues and creates standards for the improvement of working conditions. Established in 1919-1920 with the League of Nations,...

The International Monetary Fund or IMF came into existence in 1945, after the end of World War II and at the beginning of the Cold War. Currently, the IMF...

In the year 1966, when the ADB was started there were 31 member countries. Presently there are 66 member countries in Asia and Pacific region and out side the...