The International Monetary System Can Be Defined as the Institutional

question 21

Multiple Choice

The international monetary system can be defined as the institutional framework within which

• A)international payments are made.
• B)movement of capital is accommodated.
• C)exchange rates among currencies are determined.
• D)all of the above

---

Definitions:

Animism

The belief that objects, places, and creatures all possess a distinct spiritual essence.

Kick-stand

A device attached to a bicycle or motorcycle allowing it to stand upright without support from another object or person.

Bicycle

A human-powered, pedal-driven vehicle with two wheels attached to a frame, one behind the other, used for transportation, recreation, or sport.

Reversibility

A principle in cognitive development where an action can be reversed, returning to its original state.