The Benefits of Reducing International Trade Barriers
As you read this section, think about the products or services you use daily that are possible due to international trade. How would you have to adapt if governments began to restrict international trade?
The World Bank
The World Bank is an important source of economic assistance for poor and developing countries. With backing from wealthy donor countries (such as the United States, Japan, Germany, and United Kingdom), the World Bank has committed almost $73 billion in loans, grants, and guarantees to some of the world's poorest nations". Loans are made to help countries improve the lives of the poor through community-support programs designed to provide health, nutrition, education, infrastructure, and other social services.