Define the following terms
(a) Disinvestment
(b) Devaluation
(c ) Outsourcing
OR
(a) IMF (b) WTO (c ) IBRD
Define the following terms
(a) Disinvestment
(b) Devaluation
(c ) Outsourcing
OR
(a) IMF (b) WTO (c ) IBRD
a. Disinvestment: In most contexts, disinvestment typically refers to sale to sale of shares from the government, partly or fully of a government-owned enterprise to the private sector.
b. Devaluation: Devaluation is a monetary policy tool used by govt. of a country officially, to reduce the price of domestic currency in respect of foreign currency or currencies group in huge quantity that has a fixed exchange rate or semi-fixed exchange rate.
c. Outsourcing: Outsourcing is a practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally. Outsourcing is an effective cost-saving strategy when used properly. It is sometimes more affordable to purchase a good from companies with than it is to produce the good internally.
OR
a. IMF: The International Monetary Fund(IMF) is an international organization created for the purpose of standardizing global financial relations and exchange rates. The IMF generally monitors the global economy and its core goal is to economically strengthen its member countries. Specifically, the IMF was created with the intention of:
i. Promoting global monetary and exchange stability.
ii. Facilitating the expansion and balanced growth of international trade.
iii. Assisting in the establishment of a multilateral system of payments for current transactions.
b. WTO: The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement. Signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT). Which commenced in 1948.
c. IBRD: The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to middle-income developing countries. The IBRD is the first of five member institutions that compose the World Bank Group and is headquartered in Washington, D.C. The United States. It was established in 1944 with the mission of financing the reconstruction of European.nations devastated by World War II.
a. Disinvestment: In most contexts, disinvestment typically refers to sale to sale of shares from the government, partly or fully of a government-owned enterprise to the private sector.
b. Devaluation: Devaluation is a monetary policy tool used by govt. of a country officially, to reduce the price of domestic currency in respect of foreign currency or currencies group in huge quantity that has a fixed exchange rate or semi-fixed exchange rate.
c. Outsourcing: Outsourcing is a practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally. Outsourcing is an effective cost-saving strategy when used properly. It is sometimes more affordable to purchase a good from companies with than it is to produce the good internally.
OR
a. IMF: The International Monetary Fund(IMF) is an international organization created for the purpose of standardizing global financial relations and exchange rates. The IMF generally monitors the global economy and its core goal is to economically strengthen its member countries. Specifically, the IMF was created with the intention of:
i. Promoting global monetary and exchange stability.
ii. Facilitating the expansion and balanced growth of international trade.
iii. Assisting in the establishment of a multilateral system of payments for current transactions.
b. WTO: The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement. Signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT). Which commenced in 1948.
c. IBRD: The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to middle-income developing countries. The IBRD is the first of five member institutions that compose the World Bank Group and is headquartered in Washington, D.C. The United States. It was established in 1944 with the mission of financing the reconstruction of European.nations devastated by World War II.
