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International Business

notes SDR: Special Drawing Rights
STIs: Sexually Transmitted Infections

10.7 review Questions

1. Explain the role of financial institutions.
2. Briefly explain the functioning of World Bank.
3. What is the importance of IMF?
4. Mention the chief components of international liquidity structure.
5. What are SDRs? Enumerate the chief features of SDRs.

6. How are SDRs allocated?
7. List the achievements of IMF.
8. In which fields has IMF faced failure?
9. Mention the future course of action which IMF plans to undertake.

10. Enumerate the areas in which IFC proactively addressed HIV/AIDS.
answers: self assessment

1. IMF 2. Internationally
3. Liquidity 4. Owned reserves
5. IBRD 6. True
7. False 8. True
9. False 10. AIDS

11. 1956 12. NGO
13. 133 14. Private
15. Capital

10.8 further readings

Books C.B. Gupta, Business Environment.
Francis Cherunillam, Global Business Environment.
M. Kapagam, Environmental Economics.

Online links http://cogito.ucdc.ro/nr_2v2/INTERNATIONAL%20FINANCIAL%20
INSTITUTIONS.pdf
http://www.paclii.org/vu/legis/consol_act/ifi376.pdf
http://www.g24.org/Dpseries/Kanbur.pdf

208 lovely Professional university