Which of the following best describes the role that the international monetary system plays with foreign firms?
A)underwrite stock and bond issues and give advice on mergers
B)establishes regulations for FDI financing
C)oversees finance and trade in developing nations
D)provides a framework for monetary and foreign exchange activities worldwide

Question

Quizplus · Accepted Answer

The international monetary system provides a framework for monetary and foreign exchange activities worldwide, including setting exchange rates and facilitating international trade and investment transactions. It does not directly underwrite stock and bond issues or regulate FDI financing or finance and trade in developing nations.

Which of the Following Best Describes the Role That the International