International trade financing is dominated by: a. the U.S. Agency for Internatio

ID: 1213139 • Letter: I

Question

International trade financing is dominated by:

a. the U.S. Agency for International Development

b. private export-import agencies.

c. the World Bank.

d. the IMF.

e. commercial bank syndicates.

The practice of imposing import restrictions to protect a newly developing domestic economy typically results in:

a. a rapid improvement in the standard of living

b. expanded trade relations with other nations.

c. lower prices of domestic products.

d. allocation of resources away from the primary products

e. greater cost efficiency in domestic production

Which of the following is one of the most important causes for the recent increase in income inequality in China?

a. The introduction of free markets while imposing restrictions on internal migration

b. The introduction of regulations that do not allow families to have more than one child.

c. Globalization

d. The increase in pollution as a result of industrialization

e. Tougher government controls on the banking system

International trade financing is dominated by the IMF.

Answer: d

International Monetary Fund (IMF) provides loan and other financial benefits to traders for their initiations and expansions of projects.

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