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IBUS 401 EXAM 1 2026
QUESTIONS AND ANSWERS| ACE
YOUR GRADES.
Inflation - correct answer -Current account decreases if inflation
increases relative to trade partners
National income - correct answer -Current account decreases if
national income increases relative to other countries
When credit conditions become more restrictive... - correct
answer -MNCs may reduce their corporate spending and reduce
their demand for imported supplies
Us trade balance graph - correct answer -J curve
Major objectives of imf - correct answer -Promote cooperation
among countries on international monetary issues
Promote stability in. Exchange rates
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Provide temporary funds to member countries attempting to
correct imbalances of international payments
Promote free mobility of capital funds across countries
Promote free trade
World bank - correct answer -Make loans to countries to enhance
economic development
World Trade Organization (WTO) - correct answer -Provide a
forum for multilateral trade negotiations and to settle trade
disputes related to the GATT accord
International finance corporation (IFC) - correct answer -promote
private enterprise within countries
International development association (IDA) - correct answer -
extends loans at low interest rates to poor nations that cannot
qualify for loans from the World Bank
IBUS 401 EXAM 1 2026
QUESTIONS AND ANSWERS| ACE
YOUR GRADES.
Inflation - correct answer -Current account decreases if inflation
increases relative to trade partners
National income - correct answer -Current account decreases if
national income increases relative to other countries
When credit conditions become more restrictive... - correct
answer -MNCs may reduce their corporate spending and reduce
their demand for imported supplies
Us trade balance graph - correct answer -J curve
Major objectives of imf - correct answer -Promote cooperation
among countries on international monetary issues
Promote stability in. Exchange rates
, Page | 2
Provide temporary funds to member countries attempting to
correct imbalances of international payments
Promote free mobility of capital funds across countries
Promote free trade
World bank - correct answer -Make loans to countries to enhance
economic development
World Trade Organization (WTO) - correct answer -Provide a
forum for multilateral trade negotiations and to settle trade
disputes related to the GATT accord
International finance corporation (IFC) - correct answer -promote
private enterprise within countries
International development association (IDA) - correct answer -
extends loans at low interest rates to poor nations that cannot
qualify for loans from the World Bank
