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3Explain the different roles of the International Monetary Fund and the World Ba

ID: 392255 • Letter: 3

Question

3Explain the different roles of the International Monetary Fund and the World Bank. How would a weak Swiss franc benefit a Swiss entrepreneur who exports much of his product?

1Anastasia is considering introducing her new line of high-end food products into Mexico. She has heard through a friend that one of her competitors is planning to do the same. Give the arguments as to why it can be better to be the first mover into the market and why it might be better to be the second.

2What are the four different types of legal systems, and which countries follow each of these systems? How should a contract be structured differently in a country with common law compared to one with civil law?

2What are the four different types of legal systems, and which countries follow each of these systems? How should a contract be structured differently in a country with common law compared to one with civil law?

Explanation / Answer

As per policy only first question will be answered

IMF - It provides short-term loans to members to

World Bank - it provides long term loans for developmental activities. through the International Bank of Reconstruction and Development (IBRD) and the International Development Association. The aim of the IBRD is to promote economic growth in middle- and low-income countries. Additionally, it provides advisory services, risk management products and technical support during each stage of a development of project.

Weak swiss franc will make exported products cheaper at other countries and hence demand for swiss products will increase since they willl be more competitive in pricing now

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