After studying this chapter you will be able to: explain how the foreign exchange rate reflects the demand and supply of goods, services, and assets, and the other flows that make up the balance of payments. | International Institutions from an International Business Perspective McGraw-Hill/Irwin International Business, 11/e Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. chapter four Learning Objectives Describe the influence the mainly political international institutions have on international businesses and their relevance to international business Identify the major organs of the United Nations, their general purpose, and their significance to international business Discuss the World Trade Organization and its predecessor, GATT Appreciate the resources of the Organisation for Economic Cooperation and Development 4- Learning Objectives Describe the major purpose and effectiveness of OPEC Identify economic integration agreements and the effectiveness of the major ones Discuss the impact of the EU and its future challenges 4- Figure International Institutions by purpose 4- International Political Institutions The United Nations International organization of 191 member-nations dedicated to the promotion of peace and global stability; has many functions related to business General Assembly Deliberative body of the UN made up of all member-nations, each with one vote regardless of size, wealth, or power 4- International Political Institutions Security Council Main policy-setting body of the UN, composed of 15 members including 5 permanent members Economic and Social Council (ECOSOC) UN body concerned with economic and social issues such as trade, development, education, and human rights 4- International Political Institutions International Court of Justice (ICJ) UN body that renders legal decisions involving disputes between national governments Secretariat The staff of the UN, headed by the secretary-general 4- Figure Millennium Development Goals Chart of Progress 4- Figure Millennium Development Goals Chart of Progress 4- Cooperative Military and Security Agreements North Atlantic Treaty Organization . | International Institutions from an International Business Perspective McGraw-Hill/Irwin International Business, 11/e Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. chapter four Learning Objectives Describe the influence the mainly political international institutions have on international businesses and their relevance to international business Identify the major organs of the United Nations, their general purpose, and their significance to international business Discuss the World Trade Organization and its predecessor, GATT Appreciate the resources of the Organisation for Economic Cooperation and Development 4- Learning Objectives Describe the major purpose and effectiveness of OPEC Identify economic integration agreements and the effectiveness of the major ones Discuss the impact of the EU and its future challenges 4- Figure International Institutions by purpose 4- International Political Institutions The United Nations International .
