Which of the Following Statements About the International Monetary Fund

question 162

Multiple Choice

Which of the following statements about the International Monetary Fund (IMF) is TRUE?

• A) The IMF was created to finance long-term economic development projects in poor countries.
• B) The IMF was created to reduce tariff barriers between nations.
• C) The IMF functions as a central bank that conducts monetary policy for the world economy.
• D) The IMF obtains funds from quota subscriptions charged to member countries.

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Definitions:

VSEPR

Valence Shell Electron Pair Repulsion theory, a model used to predict the geometry of individual molecules from the number of electron pairs surrounding their central atoms.

Lewis Structures

Diagrams that represent the valence electrons of atoms within a molecule, indicating the bonding between atoms and the lone pairs of electrons.

Elemental Symbol

A one or two-letter notation derived from the Latin name of a chemical element used to represent it in the periodic table, such as H for hydrogen.

Lewis Structure

Lewis structures, also known as Lewis dot diagrams, are a graphical representation of molecules showing how valence electrons are distributed among the atoms and indicating the bonds between atoms.