Rapid Credit Facility refers to:
A) a system in which currencies float against one another with governments intervening only to stabilize their currencies at set target exchange rates.
B) a negotiable certificate issued by a U.S.bank representing a specified number of shares (or one share) in a foreign stock that is traded on a U.S.exchange.
C) an international monetary reserve asset issued by the IMF.
D) the main currency that many countries and institutions hold as part of their foreign exchange reserves.
E) a system of disbursing loans which is front-loaded and has low conditionality.
Correct Answer:
Verified
Q47: The purpose of the International Monetary Fund
Q48: Today, the value of an SDR consists
Q49: Which of the following is true for
Q50: Which of the following is true of
Q51: Which of the following is true about
Q53: The World Bank's first loans were extended
Q54: The IMF has been criticized for:
A)ignoring the
Q55: Which of the following is true of
Q56: The central purpose of the World Bank
Q57: When Bretton Woods was established, the Americans
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents