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:

Temporary Cessation

A temporary halt or pause in an activity or process, often used in medical contexts.

Breathing

The process of inhaling and exhaling air to facilitate gas exchange within the body.

Tissue Capillaries

The smallest blood vessels in the body, located within the tissues, where gas and nutrient exchange occur.

Oxygen

A chemical element with symbol O and atomic number 8, essential for most life forms on Earth as a critical component of the air we breathe.