Question

What does the International Monetary System (IMS) primarily involve?

a.

Only foreign trade

b.

Only cross-border capital flows

c.

Money flows, financial institutions, and governance

d.

National economic policies

Answer: (c).Money flows, financial institutions, and governance Explanation:The International Monetary System involves an integrated set of money flows, financial institutions, and governance to meet payment obligations among countries.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What does the International Monetary System (IMS) primarily involve?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. Which institutions provide the institutional structure and services for the operation of the International Monetary System?

Q. What is one of the fundamental aspects of the international financial system?

Q. What does the International Financial System cover?

Q. What does the International Financial System depend mainly on for its effective functioning?

Q. What was the objective of devising the post-war international monetary system by the UK and the US in the early 1940s?

Q. Who created the plan accepted at the Bretton Woods Conference in 1944?

Q. What did the nations agree to at the Bretton Woods Conference regarding exchange rates?

Q. What did the Bretton Woods system effectively provide?

Q. What are the roles of the International Monetary Fund (IMF) and the World Bank in the international monetary system?

Q. What has contributed phenomenally to the growth of the global financial market in the last six decades?

Q. Why does the study of financial management remain incomplete?

Q. What has made the international economy a single complex organism?

Q. What is the most important constituent of the international economy?

Q. What are the top two trading partners of the United States, as per statistics of 2006-07?

Q. What are the three core economic functions that have become highly globalized in recent decades?

Q. What opportunity has increasing international financial integration provided to investors?

Q. What is the significance of the impact of GATT on international finance and financial management?

Q. What was the purpose of establishing the General Agreement on Tariffs and Trade (GATT) in 1947?

Q. When was GATT replaced by the World Trade Organization (WTO)?

Q. What has led to the increasing importance and intricacies of international finance and its management?

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!