Which of the Following Was Created to Regulate Fixed Exchange

question 26

Multiple Choice

Which of the following was created to regulate fixed exchange rates and enforce the rules of the International monetary system?

• A)International Monetary Fund
• B)World Trade Organization
• C)European Union
• D)World Bank

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Definitions:

Ratification

The formal approval of an agreement or treaty by authoritative body, making it officially valid.

Writing

The process of using symbols, such as letters and characters, to communicate thoughts and ideas in a readable form.

Unlimited Liability

A legal status where business owners are personally responsible for all the debts and liabilities of the business.

Sole Proprietors

Individuals who own and operate their businesses alone, assuming complete control and responsibility for all financial aspects.