Which of These Statements About the International Monetary Fund Is

question 24

Multiple Choice

Which of these statements about the International Monetary Fund is not true?

• A)It was created for the purpose of overseeing that nations followed an agreed-upon set of rules in international trade.
• B)It provided borrowing facilities for nations in temporary balance-of-payments difficulties
• C)Only in a case of fundamental disequilibrium was a nation allowed to change the par value of its currency
• D)The IMF began normal operations on March 1,1950,with a membership of 35 nations.

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Definitions:

Superordinate Goals

Shared objectives that require cooperation among individuals or groups that usually are in conflict, leading to collaboration and conflict resolution.

Physical Attractiveness

The degree to which a person's physical traits are considered aesthetically pleasing or beautiful according to societal standards.

Biopsychosocial Approach

A holistic perspective in healthcare that considers biological, psychological, and social factors in assessment and treatment.

Social Exchange Theory

A social psychological and sociological perspective that explains social change and stability as a process of negotiated exchanges between parties.