Also known as the "central banks' central bank," the ____ attempts to facilitate cooperation among countries with regard to international transactions and provides assistance to countries experiencing a financial crisis.

Question

Quizplus · Accepted Answer

The description given matches the role and function of the Bank for International Settlements (BIS). It acts as a forum for central banks to cooperate and provides assistance during financial crises. The World Bank, International Financial Corporation (IFC), World Trade Organization, and International Development Association (IDA) have different functions and roles.

Also Known as the "Central Banks' Central Bank," the ____