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Unformatted text preview: shares of ownership in a company in another nation. Foreign Direct Investment The acquisition of more than 10 percent of the shares of ownership in a company in another nation. The International Monetary Fund -The IMF is an international organization that aims to promote world economic growth through more financial stability. Each nation that joins the IMF deposits funds to an account called its quota subscription and these are measured in special drawing rights from a pool of funds held by the IMF. The IMF currently makes both short-term and long-term loans to help finance growth or to provide assistance to countries that are having trouble paying off their debts. The World Bank -A multinational agency that specializes in making loans to about 100 developing nations in an effort to promote their long-term growth and development. The bank mainly finances projects such as irrigation systems and road improvements. 19...
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- Fall '11