l No Spac.. Headin Paragraph that is temporarily stored on your computer.Save 22

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l No Spac.. Headin Paragraph that is temporarily stored on your computer.Save 22. The primary function of the World Bank is to: a. lend money to the World Trade Organization. b. provide loans to countries experiencing huge budget defic c. finance economic development in poor countries. d. assist countries experiencing balance of payments deficits. e. finance the fiscal stabilization program of the U.S. governn 23. When the U.S. dollar depreciates against other currencies: a. foreign goods become less expensive to U.S. buyers. b. U.S. goods become more expensive to foreign buyers foreign currencies depreciate against the U.S. dollar. c. d. the volume of U.S. imports decline. e. the volume of U.S. exports decline. 4

Explanation / Answer

22.

C.

The World Bank is one of Bretton Wood organization whose role is to provide loans and financial assistance to bring development in poor countries so that they can join the globalization and adopt liberalization.

23.

D.

Due to depreciation in US dollar, now more number of dollars is to paid to get the imports. So, import will become expensive. As a result, the US import will creases.

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