Write 350–450 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas:
According to the World Trade Organization (WTO), a significant percentage of world trade relies on trade finance. Trade finance is trade credit and insurance guarantees, mostly of a short-term nature. The WTO is seeking to encourage the revival of complex links and networks involved in the trade finance market in order to keep finance flowing for trade, thereby mitigating at least one reason for the shrinkage of trade flows. The WTO website contains recent events related to trade finance. Discuss one of these events and its relationship to foreign investments.
Explanation & Answer
Answer outline to WTO trade finance
Running head: WTO TRADE FINANCE
WTO Trade Finance
WTO TRADE FINANCE
As a way of boosting trade financing through the establishment of complex links in developing
countries, WTO has joined hands with financial institutions, export credit agencies, and regional
development t banks to ensure a greater flow of finances in trade. Developing countries have in
many instances been left out in the more major global links, and WTO has identified this gap in
the link, and now it has brought them on board. WTO is creating a balance in wo...