"economics"exercise:International Bank for Reconstruction and Development

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來源: 正保會計網(wǎng)校編輯：小鞠橘桔 2020/10/26 09:45:25　字體：大小

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Questions 1:

The following international trade information is available for a hypothetical economy:

economics exercise:International Bank for Reconstruction and Development

Following a 12% depreciation in the DCU, the trade balance will be closest to:

A 、–1,726.

B 、–1,648.

C、 –1,674.

Questions 2:

Which of the following best describes a function of the International Bank for Reconstruction and Development?

A 、Lending foreign currencies on a temporary basis to address balance of payment issues

B、 Regulating cross-border trade relationships on a global scale

C 、Providing low interest rate loans to developing countries

View answer resolution

【Answer to question 1】B

【analysis】

B is correct. Impact on trade balance:

economics exercise:International Bank for Reconstruction and Development

【Answer to question 2】C

【analysis】

C is correct. Closely affiliated with The World Bank Group, the International Bank for Reconstruction and Development (IBRD) provides low or no-interest loans and grants to developing countries that have unfavorable credit or no access to international credit markets.

A is incorrect. This is a function of the IMF.

B is incorrect. This is a function of the World Trade Organization.

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