Get premium membership and access questions with answers, video lessons as well as revision papers.
a.) International Money Fund (IMF)
Created in a conference held in Bretton Woods in 1944.The objectives of IMF includes
- Maintenance of stable exchange rates
The fund requires member countries to intervene in the foreign exchange market to ensure that exchange
rates are within the required limits
- promotion of consultation and co-operation amount member countries
Consultation and cooperation among member countries is necessary in order to maintain stable exchange
rates and a smooth international trade.
-Provision of sufficient international liquidity
IMF holds gold and a pool of member countries currencies' which are used to facilitate international
transactions,
b.) African Development Banks (ADB)
The Africa Development Bank Group is a multinational development bank supported by 77 nations and
established in 1964.The Bank Groups consist of Three institutions:
- The African Development Bank (ADB).
- The African Development Fund (ADF).
- The Nigeria Trust Fund (NTF).
c.) International Bank for Reconstruction and Development (IBRD)
Also referred as World Bank was created in Bretton Woods Conference 1944
sharon kalunda answered the question on February 20, 2019 at 06:30
- The following balance sheet was prepared from the books of Makara traders.
(Solved)
The following balance sheet was prepared from the books of Makara traders.
Prepare Makara traders balance sheet as at the end of January 2012
Date posted: February 19, 2019. Answers (1)
- In the spaces provided, indicate with a (x) whether each of the following transactions will increase, decrease or have no effect in the balance sheet.(Solved)
Date posted: February 19, 2019. Answers (1)
- List the documents used in international trade,giving the meaning and the purpose/importance of each.(Solved)
List the documents used in international trade,giving the meaning and the purpose/importance of each.
Date posted: February 19, 2019. Answers (1)
- State and explain the common terms of sale in international trade.(Solved)
State and explain the common terms of sale in international trade.
Date posted: February 19, 2019. Answers (1)
- What is meant by the term terms of sale in international trade?(Solved)
What is meant by the term terms of sale in international trade?
Date posted: February 19, 2019. Answers (1)
- Explain how devaluation helps in correcting the balance of payments disequilibrium?.(Solved)
Explain how devaluation helps in correcting the balance of payments disequilibrium?.
Date posted: February 19, 2019. Answers (1)
- How does encouraging foreign investors into the country help in correcting the balance of payments disequilibrium?.(Solved)
How does encouraging foreign investors into the country help in correcting the balance of payments disequilibrium?.
Date posted: February 19, 2019. Answers (1)
- List FOUR measures which can be taken to correct balance of payment disequilibrium.(Solved)
List FOUR measures which can be taken to correct balance of payment disequilibrium.
Date posted: February 19, 2019. Answers (1)
- State and explain the Causes of Balance of payments Disequilibrium.(Solved)
State and explain the Causes of Balance of payments Disequilibrium.
Date posted: February 19, 2019. Answers (1)
- When does the balance of payment disequilibrium occur?(Solved)
When does the balance of payment disequilibrium occur?
Date posted: February 19, 2019. Answers (1)
- List and explain the three major components of the balance of payment accounts.(Solved)
List and explain the three major components of the balance of payment accounts.
Date posted: February 19, 2019. Answers (1)
- Name three instances where transaction may arise.(Solved)
Name three instances where transaction may arise.
Date posted: February 19, 2019. Answers (1)
- What is the meaning of the balance of payment accounts.(Solved)
What is the meaning of the balance of payment accounts.
Date posted: February 19, 2019. Answers (1)
- What do you understand by the term terms of trade.(Solved)
What do you understand by the term terms of trade.
Date posted: February 19, 2019. Answers (1)
- State and explain the disadvantages of international trade.(Solved)
State and explain the disadvantages of international trade.
Date posted: February 19, 2019. Answers (1)
- List and explain the advantages of international trade.(Solved)
List and explain the advantages of international trade.
Date posted: February 19, 2019. Answers (1)
- What is balance of payment Accounts?(Solved)
What is balance of payment Accounts?
Date posted: February 19, 2019. Answers (1)
- Outline occupations that relate to the production activities(Solved)
Outline occupations that relate to the production activities.
Date posted: February 14, 2019. Answers (1)
- Functions of the International Bank of Reconstruction and Development include:(Solved)
Functions of the International Bank of Reconstruction and Development include:
Date posted: February 14, 2019. Answers (1)
- Characteristics of underdevelopment that are common among countries in Africa, Latin America and Asia(Solved)
Characteristics of underdevelopment that are common among countries in Africa, Latin America and Asia
Date posted: February 14, 2019. Answers (1)