Global Financial system
Explore the Global Financial System
Test your knowledge about the global financial system with this engaging quiz! Dive into key events, organizations, and concepts that have shaped international finance over the years.
By participating in this quiz, you will:
- Understand the major milestones in global finance
- Learn about the roles of the IMF and World Bank
- Discover both positive and negative impacts of financial systems
What are the most important events that caused the forming of the global financial system?
Growth in foreign investment
Free trade between UK-France
Growth in the international economic relations
All of the above
What is the milestone event that resulted during the Bretton Woods period?
Abandonment of the gold standard
International trade was forbidden
World bank was formed
Which of the following is a negative effect caused by the Bretton Woods system?
Devaluation of the pound
Devaluation of the dollar
Shutting down some financial institutions
What is the main purpose of the International Monetary Fund?
Providing secure international trade
Stability of the international monetary fund
Preventing unemployment
The World Bank's aim is to promote economic and social progress by
Employing people in the organization
Giving loans to unemployed people
Giving loans with low interest rate to countries in development
Giving loans to the developed countries
Which of the following is IMF's source of funding?
Quota subscriptions
The World Bank
Issuing bonds
Which of the following is more concentrated on the countries in development?
International Monetary fund
The World Bank
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