Following the demise of the Bretton Woods system,the IMF
A) created a new role for itself,providing loans to countries facing balance-of-payments and exchange rate difficulties.
B) ceased to exists,since the era of fixed exchange rates had ended.
C) became the sole agent responsible for maintaining fixed exchange rates.
D) became the central bank of the United Nations.
Correct Answer:
Verified
Q44: Since the SDR is a "portfolio" of
Q45: With regard to the current exchange rate
Q46: Special Drawing Rights (SDR)are
A)an artificial international reserve
Q47: Under a flexible exchange rate regime,governments can
Q48: Under a purely flexible exchange rate system
A)supply
Q50: The growth of the Eurodollar market,which is
Q51: The Bretton Woods system ended in
A)1945.
B)1973.
C)1981.
D)2001.
Q52: In the years leading to the collapse
Q53: Gold was officially abandoned as an international
Q54: Put the following in correct date order:
A)Jamaica
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