International Business Test 1 Part 4
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International Monetary Fund
stabilize exchange rates and assist the reconstruction of the world’s international payment system post-World War II. Works to improve the economies of its member countries. The organization's stated objectives are to promote international economic cooperation, international trade, employment, and exchange rate stability, including by making financial resources available to member countries to meet balance of payments needs.
New Trade Theory
a collection of economic models in international trade which focuses on the role of increasing returns to scale and network effects,
born as Gerard Hendrik Hofstede is an influential Dutch
researcher in the fields of organizational studies and more concretely
organizational culture, also cultural economics and management.
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