The International Monetary Fund (IMF) is an international organization which
Gives annual grants to all developing countries
Assist countries to solve their balance of payment problems
Execute their development projects
Help to promote regional economic groupings
Is owned by all developed countries
Correct answer is B
No explanation has been provided for this answer.
Political conflicts in the United Nation Security Council
Educational needs of the developed countires
Religious affairs in the Southern Africa
Revenue allocation in Nigeria
Better terms of trade in the world
Correct answer is E
No explanation has been provided for this answer.
Balance of trade can be define as
The value of import in relation to the value of a country's exports
The price ratio of imports as against that of exports
Equality in the total receipts and payments of a country in a year
Percentage value of imports over percentage value of exports
Price of exports versus price of imports
Correct answer is A
No explanation has been provided for this answer.
The international cartel formed to stabilize the world oil market is the
Economic Commissioner for Africa
International Monetary Fund
Organization of Petroleum Exporting Countries
Organization of Petroleum Importing Countries
International Trade Organization
Correct answer is C
No explanation has been provided for this answer.
Terms of trade simply means the price
Ratio of import to export
Ratio of export multiplied by import
Ratio of export to import
Ratio of export multiplied by price ratio of import
Of export minus price of import
Correct answer is C
No explanation has been provided for this answer.