Discussion on Global Financial Institutions and their Role under the Trump Administration. With respect to what you have learned in Lesson 11 (Chapter 20), discuss the international economic implications (including any incentives created and winners and losers) of the following two statements. You may list positive or negative economic outcomes. However, ensure that you articulate your economic arguments, which are to be based on a thorough review of the issues, so that other students can agree with or provide a rebuttal of your arguments.

1. Although the former Trump administration reduced its funding/contribution to international financial institutions (IFIs) such as the World Bank and the IMF, IFIs largely avoided the attacks on and/or withdrawals by the former Trump administration from multilateral trade arrangements, such as the Trans-Pacific Partnership (TPP), the North American Free Trade Agreement (NAFTA), and organisations such as the World Trade Organization (WTO), NATO, the United Nations, the Paris Climate Agreement, etc.
2. The World Bank now has a Women Entrepreneurs Finance Initiative. The intention is to help women in developing countries gain access to the funding, technical assistance and networks needed to start businesses. When launched, the Initiative sought to raise $350 million. President Trump pledged $50 million to the initiative. It was also informally known as the "Ivanka Fund"; yet, interestingly or even puzzlingly, and perhaps philosophically incoherent, half of its initial capital of $200 million would come from Saudi Arabia and the United Arab Emirates.