Financial Resources and Global Lending Answers…

Which of the following statements does not describe NGOs?

NGOs must be nonprofit.

NGOs must be noncriminal.

NGOs must be independent of governmental control.

NGOs must be unaffiliated with a religion.

All of the following are signs of an economic crisis except __________.

a decline in the value of currency

an increase in taxes

stagnant or falling economic activity

a large number of firms and households going bankrupt

Which of the following is not a role of the IMF?

helping reduce poverty worldwide

tracking global economic performance and trends

helping countries manage their economies

providing loans to countries in need of financial assistance

Countries that join the International Monetary Fund (IMF) must commit to __________.

reducing trade with non-IMF countries

removing all barriers to trade

pursuing stable economic policies

deflating their currency during economic recessions

Which of the following countries is the largest shareholder in the World Bank?

Japan

France

the United States

the United Kingdom

An important function of __________ is to develop programs for rebuilding a nation’s economy.

the International Monetary Fund (IMF)

the World Bank

Grameen Bank

civil society organizations

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