Bilateral Agreements Between Central Banks,which Provide for an Exchange of Currencies

question 14

Multiple Choice

Bilateral agreements between central banks,which provide for an exchange of currencies to help finance temporary balance-of-payments disequilibriums,are referred to as:

• A) IMF drawings
• B) Special drawing rights
• C) Buffer stock facility
• D) Swap agreements

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Definitions:

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A feeling of deep pleasure or satisfaction derived from one's own achievements, the achievements of those with whom one is closely associated, or from qualities or possessions that are widely admired.

Practicality

The aspect of being concerned with the actual doing or use of something rather than with theory and ideas.

Empirical Approach

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Humanistic Psychology

A psychological perspective that emphasizes the study of the whole person and inner feelings to understand behavior.