WGU D080 Module 2
WGU D080 Module 2
Study online at https://quizlet.com/_ffeer4
1. balance of pay- The difference in total value between payments into and out of the country
ments over a period of time
2. fixed-rate currency When a country's currency value is fixed or pegged by a monetary authority
exchange system against the value of another currency, a basket of currencies, or another
measure of value
3. World Bank ~ Encourages developing countries to borrow for development projects
~ Developmental institution
~ Financed reconstruction after wars in the 1940s. It is now focused on
supporting developing countries
~ Large: 40 offices, over 10,000 staff
~ Investment bank owned by the governments of the 180 member nations
~ Borrows and loans
~ Borrowers must meet requirements to qualify for loans
4. International Mone- ~ Oversees the international monetary system
tary Fund
~ Cooperative institution
~ In phase one, prior to 1973, regulated international exchange rates
In phase two, post-1973, provides a means for effective international currency
exchange, supervises economic policies, and provides financial assistance to
members
~ Small: 2,300 staff members
~ Resources come from quota subscriptions or membership fees
1/5
, WGU D080 Module 2
WGU D080 Module 2
Study online at https://quizlet.com/_ffeer4
~ Acts more like a credit union
~ Loans to all member nations
5. Which activity of the Being owned and directed by the governments of the member nations
International Mone-
tary Fund (IMF) im-
pacts policymaking?
6. What is a charac- The IMF is a cooperative institution and provides more effective currency
teristic of the Inter- exchange.
national Monetary
Fund (IMF)?
7. What was the ini- Regulated currency exchange between nations
tial purpose of the
International Mone-
tary Fund (IMF) in
phase one, prior to
1973?
8. privatization Selling government holdings to private companies
9. deregulation The removal of regulations or restrictions in a particular industry
10. How does the Inter- It reduces funding for social programs.
national Monetary
Fund (IMF) impact
international orga-
nizations and gov-
ernments?
11. AAA ratings
2/5
WGU D080 Module 2
Study online at https://quizlet.com/_ffeer4
1. balance of pay- The difference in total value between payments into and out of the country
ments over a period of time
2. fixed-rate currency When a country's currency value is fixed or pegged by a monetary authority
exchange system against the value of another currency, a basket of currencies, or another
measure of value
3. World Bank ~ Encourages developing countries to borrow for development projects
~ Developmental institution
~ Financed reconstruction after wars in the 1940s. It is now focused on
supporting developing countries
~ Large: 40 offices, over 10,000 staff
~ Investment bank owned by the governments of the 180 member nations
~ Borrows and loans
~ Borrowers must meet requirements to qualify for loans
4. International Mone- ~ Oversees the international monetary system
tary Fund
~ Cooperative institution
~ In phase one, prior to 1973, regulated international exchange rates
In phase two, post-1973, provides a means for effective international currency
exchange, supervises economic policies, and provides financial assistance to
members
~ Small: 2,300 staff members
~ Resources come from quota subscriptions or membership fees
1/5
, WGU D080 Module 2
WGU D080 Module 2
Study online at https://quizlet.com/_ffeer4
~ Acts more like a credit union
~ Loans to all member nations
5. Which activity of the Being owned and directed by the governments of the member nations
International Mone-
tary Fund (IMF) im-
pacts policymaking?
6. What is a charac- The IMF is a cooperative institution and provides more effective currency
teristic of the Inter- exchange.
national Monetary
Fund (IMF)?
7. What was the ini- Regulated currency exchange between nations
tial purpose of the
International Mone-
tary Fund (IMF) in
phase one, prior to
1973?
8. privatization Selling government holdings to private companies
9. deregulation The removal of regulations or restrictions in a particular industry
10. How does the Inter- It reduces funding for social programs.
national Monetary
Fund (IMF) impact
international orga-
nizations and gov-
ernments?
11. AAA ratings
2/5
