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Homework answers / question archive / the International Bank for Reconstruction and Development, this particular multilateral financial institution along with government provide foreign aid (foreign capital), the largest share of foreign aid is provided as bilateral development assistance- not so much multilateral financial institutions usually set by central banks, variation in target (inflation, price level, exchange rate, goal (expansionary/ contractionary) government prefer this autonomy in institutional/ electoral model gold standard- fixed exchange rate regime in which nation pegged not to another country's currency but to gold; Bretton Wood- gold dollar standard with fixed but adjustable exchange rates ch 15 market as a whole to blame for the financial crisis
the International Bank for Reconstruction and Development, this particular multilateral financial institution along with government provide foreign aid (foreign capital), the largest share of foreign aid is provided as bilateral development assistance- not so much multilateral financial institutions
usually set by central banks, variation in target (inflation, price level, exchange rate, goal (expansionary/ contractionary) government prefer this autonomy in institutional/ electoral model
gold standard- fixed exchange rate regime in which nation pegged not to another country's currency but to gold; Bretton Wood- gold dollar standard with fixed but adjustable exchange rates
ch 15
market as a whole to blame for the financial crisis