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:

Available-for-Sale

A classification for investments in debt or equity securities not classified as held-to-maturity or trading securities, marked to market with changes in fair value recorded in other comprehensive income.

Dividend Revenue

Income earned from owning shares in a company, typically distributed from the company's earnings.

Trading Securities

Financial instruments such as stocks or bonds that are purchased by a company with the intention of selling them in the short term to realize quick profits.

Unrealized Loss

A loss that results from holding onto an asset that has decreased in price, but has not yet been sold or actualized through closure of the position.