Your facilitator has confirmed one of your choices of country for your course project. Using the textbook, the Argosy University online library resources, and the Internet, research your selected coun

Course Project Task 1

Introduction

There are many organizations which strengthen the international business opportunities of different countries of the world. Some of those organizations include the United Nations, the International Monetary Fund and the World Bank. These international bodies play a critical role in ensuring that international trade takes place. This paper seeks to analyze the specific role of each of these international bodies.

The International Monetary Fund (IMF) and World Bank play very significant macroeconomic roles (Woods, 2006). They ensure that there is worldwide monetary cooperation. They aid international business by facilitating international trade. It also ensures that different countries of the world are financially stable. These international organizations ensure that there is sustainable economic growth, poverty reduction, monitoring the rate of inflation, a reduction in the rate of unemployment.

The United Nations (UN) is an international body made up of 193 member states. It ensures that there is political stability in different parts of the world (Richmond, 2004). When there is political instability, there would be no suitable environment for businesses to thrive. The international business potential of such a country would be low. The UN restores peace in war tone countries so as to ensure that normal activities are restored in such countries.

The country selected for the course project is Rwanda in the Africa continent. The country is selected because according to the reports published in the World Bank, IMF and UN websites, the country has great international business potential. There is also political stability in the country. The country has well developed human resources. The country also boasts of smooth business and marketing operations. All these considerations justify the reason why the country is selected for the course project. The two back-up countries which have similar characteristics to that of Rwanda include India and Japan. These countries have good recommendations when risk is assessed for the potential of business investments to thrive.

Conclusion

There are various factors that determine whether a country is a suitable destination for business and investment opportunities. As indicated above, there are various international bodies which ensure that countries are suitable for different investment opportunities. When all underlying factors are okay, then a country’s ratings in terms of potential for international business becomes high.

Reference

Richmond, O. P. (2004). UN peace operations and the dilemmas of the peace building consensus International Peacekeeping, 11(1), 83-101

Woods, N. (2006). The globalizers: the IMF, the World Bank, and their borrowers. Cornell University Press