Question 38 Not yet answered Points out of 10 P Flag question Which of the following is true of the Bank for International Settlements (BIS)? 1. It promotes international banking standards and central bank cooperation II. It provides low interest loans for 12 to 15 years to developing nations III. It is the youngest of the major multilateral financial institutions Select one: a. I only b. I and II only cland Ill only d. I, II, and I Question 39 Not yet Which of the following can be considered as a major financial institution operating as part of the international financial system? Points out of 10 Flag question Select one: a. Global commercial banks, foreign deposit insurance commission, and international investment banks b. International investment banks, foreign deposit insurance commission, and global commercial banks c. Multilateral financial institutions, global commercial banks, and international investment banks d. Global commercial banks, Council on Foreign Relations, and international investment banks Question 40 Not yet answered Which of the following is an underlying and primary reason for the demise of the Bretton Woods Accord? 1. The excessive creation of U.S. foreign-held dollar liabilities II. The death of many of the economists responsible for the accord IIThe collapse of the General Agreement on Tariffs and Trade Points out of 1.0 Flag question Select one: A. I only B. I and II only CI and III only OD. I, II, and