Financial Resources and Global Lending – Flashcards
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The International Monetary Fund makes __________ loans to countries based on specific goals and conditions.
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Not B. tax-deductible
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Countries that join the International Monetary Fund (IMF) must commit to __________.
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C. pursuing stable economic policies
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Which of the following is not a role of the IMF?
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Not D. providing loans to countries in need of financial assistance
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Which of the following statements is false?
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Not D. The Bretton Woods Conference is the commonly used name for the conference that created the IMF and the World Bank.
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The primary purpose of Grameen Bank is to __________.
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D. provide microcredit loans, especially to women
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Which of the following countries is the largest shareholder in the World Bank?
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C. the United States
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Oxfam America, Doctors Without Borders, and the Red Cross are examples of __________.
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C. NGOs
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The fundamental facilities and systems serving a country, such as transportation, communication systems, power plants, and schools, are called ___________.
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B. Infrastructure
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All of the following are signs of an economic crisis except __________.
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Not A. a decline in the value of currency
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Which of the following statements does not describe microcredit loans?
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C Microcredit loans are interest-free.
