Organismos Internacionales 2

It was an ideological battle between Communism and Capitalism.

It is made up of 4 fundamental pillars, which are administered by 4 secretaries: political affairs, human rights, integral development, multinational security. It is a space for debate that seeks active multilateralism and a comprehensive vision of democracy in America

One of the main responsabilities of the IBRD are: keeping track of the global economy and the economies of member countries; lending to countries with balance of payments difficulties.

• TRUE

• FALSE

Choose the functions of the European Central Bank.

• To manage the euro

• To maintain price stability

• To manage and direct the economic and monetary policy of the European Union (EU).

• To avoid severe delays

Allows the World Bank and borrowers to better manage environmental and social risks

• GDP

• WB

• ESF

• IMF

In what year the World Bank was founded?

• 1949

• 1945

• 1944

• 1952

How is the European System of Central Banks (ESCB) composed?

• It is composed of a single market in the full sense and a single competition policy.

• It is composed of a complete liberalization and integration of central banks and financial markets.

• It is composed a system made up of several European Union countries that share the same market, currency and monetary policy

• Is composed of the European Central Bank and all the national central banks of the countries of the European Union.

The introduction of the euro took three phases, and the first was called.

• Principle of no obligation, no prohibition

• Principle of continuity use of currencies contracts

• Principle of legal equivalence between euro and national currency units

• None of the above

Since January 1st 2002 the euro was introduced as an exclusive legal tender currency

• TRUE

• FALSE

What does devaluation mean?

• It is to exceed the income, in a certain period

• very high inflation, in which prices rise rapidly as the currency loses its value.

• Loss of the nominal value of a current currency against other foreign currencies

• All above