Which of the following is true about the IMF and World Bank?   a. More than 190 countries participate as members of the IMF.     b. They aid in dollarizing the economies of foreign nations.     c. The IMF lends money to all types of countries, including advanced, emerging, and developing economies.      d. The IMF provides loaner currency to countries experiencing hardship.

Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter3: Exploring Global Business
Section: Chapter Questions
Problem 17CC
icon
Related questions
Question

Which of the following is true about the IMF and World Bank?

  a. More than 190 countries participate as members of the IMF.  
  b. They aid in dollarizing the economies of foreign nations.  
  c. The IMF lends money to all types of countries, including advanced, emerging, and developing economies.   
  d. The IMF provides loaner currency to countries experiencing hardship.

Which of the following payment types offers payment protection to both exporters and importers, as the importer’s bank writes a guarantee of payment?

  a. A commercial letter of credit  
  b. Payment in advance  
  c. A syndicate  
  d. A banker’s acceptance

The supply chains of global businesses such as Boeing, Ford, United Airlines, and the pharmaceutical companies Merck and Pfizer are known as which type of supply chain?

  a. Enterprise  
  b. Telecommunication  
  c. Global  
  d. Environmental
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Foundations of Business - Standalone book (MindTa…
Foundations of Business - Standalone book (MindTa…
Marketing
ISBN:
9781285193946
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning