The Focus of IMF Activities Has Shifted from Exchange Rate

question 92

Multiple Choice

The focus of IMF activities has shifted from exchange rate relations among industrialized countries to ____.

• A)the prevention of economic instability in developing countries.
• B)reducing quota and tariff barriers in developed countries.
• C)promoting exports from former Soviet Union states.
• D)promoting investment into sub-Saharan Africa.

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Definitions:

Diversity Training

A program designed to promote awareness and increase knowledge and skills to handle the diversity within the workforce effectively.

Ethnocentric Practices

Practices in business or management that prioritize the values and standards of the home country over those of foreign branches or cultures.

Xenocentrism

The belief that other cultures are superior to one's own, often leading to a preference for foreign customs, products, or practices.

Cultural Composition

The mix of various cultural identities, beliefs, and practices within an organization or community.