The IMF was established by the Bretton Woods Agreement (1944). What were its original objectives?
Answer to relevant QuestionsWhat are Special Drawing Rights? What are the advantages and disadvantages of fixed exchange rates? Classify the following as a transaction reported in a sub-component of the current account, or the capital and financial accounts of the two countries involved? What are the main component accounts of the current account? Give one debit and one credit example for each component account for the United States. What are the three primary methods that might be used individually or in combination to resolve the debt crisis?
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