Short Essay Discussion: Part 1 – The International Monetary Fund (IMF) lists its purposes as foll… 1 answer below »

Short Essay Discussion:

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Part 1 – The International Monetary Fund (IMF) lists its
purposes as follows: (1) to promote international monetary
cooperation via consultation and collaboration on international
monetary problems; (2) to facilitate the expansion and balanced
growth of international trade; and (3) to promote exchange
stability, to maintain orderly exchange arrangements among members,
and to avoid competitive exchange depreciation. Visit the IMF Web
site (www.imf.org) and list several examples of how the IMF
undertakes and accomplishes these goals. What kinds of specific
actions has the IMF taken in order to address economic or financial
crises of your focus country? What is an example of any
relationship or interaction that your focus country has had with
the IMF?

Part 2 – Discuss how the need for control over foreign
operations varies with firms’ strategies and core competencies.
What are the implications for the choice of entry mode? (the basic
entry modes are exporting, licensing/franchising, FDI)