The Gates Foundation Is Funding the Development of a Viable

question 5

Multiple Choice

The Gates Foundation is funding the development of a viable AIDS vaccine and the eradication of childhood diseases through immunization. Though based in the United States, this foundation is considered a:

• A) Bilateral agency.
• B) Sector-wide approach to health.
• C) Unilateral agency.
• D) Non-governmental organization.

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price over a specific period.

Direct Quote

A foreign exchange rate quoted as the domestic currency per unit of a foreign currency.

Forward Contract

A non-standardized agreement between two parties to buy or sell an asset at a specified future date at a price agreed upon today.

British Pound

The official currency of the United Kingdom, which is one of the world's major currencies traded on foreign exchange markets.