Explain the role of the International Monetary Fund (IMF) in promoting international economic cooperation and stable growth.
What will be an ideal response?
Answers will vary. Like the World Bank, the IMF is an international organization accountable to the governments of its 188 member nations. The basic mission of the IMF is to promote international economic cooperation and stable growth.Funding comes from the member nations, with the United States contributing more than twice as much as any other country. To achieve these goals, the IMFsupports stable exchange rates, facilitates a smooth system of international payments, encourages member nations to adopt sound economic policies, promotes international trade, and lends money to member nations to address economic problems. Although all of its functions are important, the IMF is best known as a lender of last resort to nations in financial trouble. At the end of 2005, the IMF implemented a historic debt relief program for poor countries. Under this program, which has since been expanded to include other agencies, the IMF and its partners have extended 100% debt forgiveness to 35 poor countries, erasing about $76 billion in debt.
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Which of the following should be considered when designing a coding scheme for a chart of accounts?
a. Which internal reports will be required? b. Is there a need for segmental reporting? c. Both a. and b. d. Neither a. nor b.
Researchers generally agree that the more characteristics the interviewer and the respondent have in common, the smaller the probability of a successful interview
Indicate whether the statement is true or false
Acme Global is trying to predict and prepare for what its competitors will do next. In a way, Acme Global is scrambling and jockeying for position in the market. This attempt to predict and prepare is part of the ______ section of the five-forces analysis.
A. power of suppliers B. power of buyers C. threat of substitute products and services D. rivalry among competitors