Which of the Following Statements About the International Monetary Fund

question 162

Multiple Choice

Which of the following statements about the International Monetary Fund (IMF) is TRUE?

• A) The IMF was created to finance long-term economic development projects in poor countries.
• B) The IMF was created to reduce tariff barriers between nations.
• C) The IMF functions as a central bank that conducts monetary policy for the world economy.
• D) The IMF obtains funds from quota subscriptions charged to member countries.

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Definitions:

π Electrons

Electrons present in the pi bonds of a molecule which contribute to the molecule's chemical properties.

Aromatic

Refers to a class of compounds that contain a benzene ring or a similar structure with delocalized electrons that follow Huckel's rule.

AntiAromatic

Compounds that have conjugated pi electron systems with 4n pi electrons, which destabilize the molecule, making it less stable than if the pi electrons were localized.

NonAromatic

Refers to organic compounds that do not possess the special stability associated with cyclic, planar systems that follow Huckel’s rule of delocalized electrons.