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1) Which of the following is NOT a function of the International Monetary Fund? Group of answer choices administer an international foreign exchange system establish
1) Which of the following is NOT a function of the International Monetary Fund? Group of answer choices administer an international foreign exchange system establish and administer each nation's fiscal and monetary policies establish the SDR system nations utilize to settle international payment obligations serve as lender of last resort for national governments 2) The International Monetary Fund (IMF) was created to achieve each of the following goals EXCEPT Group of answer choices to encourage convertibility of member countries' currencies. to help finance economic development in poor countries. to lend funds to countries having difficulties meeting their international payment obligations. to supervise exchange-rate practices of member countries. 3)The acquisition of more than 10 percent of the outstanding shares in a company in another country is Group of answer choices foreign direct acquisition. portfolio acquisition. portfolio investment. foreign direct investment. 4)Each country's IMF quota subscription is determined by Group of answer choices the size of world trade. the relative size of its national income. the size of its population. how much a country wants to contribute. 5) The World Bank primarily engages in Group of answer choices short-term lending aimed at helping developing nations repay debt accumulated in past years. short-term lending aimed at helping developing nations repay loans from the International Monetary Fund. long-term lending aimed at helping developing nations' governments and businesses make investments that will contribute to economic growth. long-term lending aimed at helping developing nations' governments and central banks keep exchange rates from varying
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