IMF to Discuss More Support for Vulnerable Middle-Income Nations: Okamoto

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Business, Social Studies
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University
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Hard
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7 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What are special drawing rights (SDRs) and how do they function as a reserve asset?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Why is there a need for a $650 billion allocation of SDRs at this time?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the allocation of SDRs differ from traditional IMF loans?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the potential uses of SDRs in supporting low and middle-income countries?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What discussions are taking place regarding the efficiency of SDRs once allocated?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
What role does the US Congress play in the approval of SDR allocations?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What mechanisms are in place for countries that have unsustainable debts?
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