"economics"exercise:International Bank for Reconstruction and Development

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Questions 1:

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

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 forReconstruction 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

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