In the late 1940s, officials began the U.S. State Department for the creation of an International Trade Organization (ITO). This new organization would oversee global negotiations on trade liberalization, foreign direct investment, cartels and commodity agreements, and would the IMF and the World Bank, both of which were founded at the Bretton Woods conference in 1944 to complement the international financial flows Address . Together would the IMF, the World Bank and the ITO layout … Read more »

In the late 1940s, officials began the U.S. State Department for the creation of an International Trade Organization (ITO). This new organization would oversee global negotiations on trade liberalization, foreign direct investment, cartels and commodity agreements, and would the IMF and the World Bank, both of which were founded at the Bretton Woods conference in 1944 to complement the international financial flows Address . Together the IMF, the World Bank and the ITO would include a comprehensive system for the management of the international economy. As it turned out, however, the proposed ITO proved highly controversial both within the United States and around the world. When President Truman eventually sent the ITO Charter to Congress in 1949, the legislature had to decide it, if this product of three years leave intensive international negotiations or endorse just die a casual death in Washington, DC
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from
David A. Moss,
George Appling,
Andrew Archer
Source: Harvard Business School
25 pages.
Publication Date: Feb 27, 1998. Prod #: 798 057 PDF-ENG
Create the International Trade Organization HBR case solution

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