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:

British Merchants

Commercial traders from Britain, historically significant for their role in international trade and colonial expansion.

Refinement

Refinement refers to the process of improving something by making small changes, particularly in relation to manners, taste, or cultural practices, emphasizing elegance and sophistication.

Dartmouth College

A prestigious private Ivy League research university located in Hanover, New Hampshire, known for its strong emphasis on undergraduate education.

Indians

Refers either to people from the country of India or to the indigenous peoples of the Americas, also known as Native Americans.