The Agency Which Functions as a "Lender of Last Resort

question 274

Multiple Choice

The agency which functions as a "lender of last resort" for national governments is the

• A)International Trade Organization.
• B)International Monetary Fund.
• C)World Trade Organization.
• D)World Trade Fund.

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Definitions:

Corporate Income

The total income of a corporation or business entity, derived from its operations and investment activities.

Net Assets

The total assets of a company or individual minus their total liabilities, reflecting the actual value of the entity's holdings.

Core Activities

Core activities are the central and essential operations or functions of a business that are directly related to its main purpose and generate the majority of its revenue and profits.

Recurring Nonoperating

A financial term referring to regular income or expenses that arise from activities not related to a company's core operations.