O. The most significant part of the BOP is the The Most significant part of the answer to question 6 is 8. What is the purpose of the International Monetary Fund (IMF)? My definition 9. If you had invested in gold 30 years ago you would have an average return on your investment of approximately _% each year? 10. For the USA to balance its current account deficit, the USA must borrow: per (3) 11. The BOP is not a balance sheet but is really a 12. Assume you are the Finance Minister of your country. Your currency has been "under attack" and has lost 20% of its value over the last 2 weeks. What wouldn't you do? Why? 13. The Finance minister of Brazil declared that there was a currency war a few years ago. What did he mean by that? Who was supposedly causing this war? Why? 14. The European Central Bank (ECB) has always been reluctant (meaning they don't want) to cut interest rates despite the evidence of an economic slowdown. The reason for this is that the ECB feared more than a recession. However. currently the ECB fears