The Big Three

Research each of the following international organizations and answer the questions. Copy and paste the question and provide your answer beneath. You should write in complete sentences and paragraphs, citing your sources (Chicago style) properly.

IMF

Where does the IMF get its money from?
Does the IMF help poor countries? If so, how?
Why was the IMF formed in the first place?
What is the relationship between the IMF and the World Bank? Do we need them both? Explain.

WTO

What are the principles of the WTO?
When was it formed?
Why was it formed?
Compare and contrast the WTO and NAFTA. List 2 differences and 2 similarities.

EU

How did the European Union originate?
What is the Common Agricultural Policy? How is it governed?
Did all the members join at once? If not, what has been
its development?
Have any other geographical economic unions sprung up since in other parts of the world? If so, explain?

Analysis:
For each of the 3 organizations, find a current event news item and provide a brief description and analysis of the story in terms of the impact in international business.

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