Question 1
In what year did the US dollar detach from the gold standard?
Question 2
What effect do IMF loans tend to have on the industries they support?
Question 3
What are Special Drawing Rights (SDRs)?
Question 4
Why is the IMF considered a tool for 'world socialism' according to the chapter?
Question 5
What stance do socialism proponents like Keynes and White have towards the IMF and World Bank?
Question 6
Who were the key figures involved in the creation of the IMF and World Bank?
Question 7
What role does the Federal Reserve play in the context of international finance?
Question 8
What does the chapter suggest as a hidden agenda of the IMF and World Bank?
Question 9
How did the Bretton Woods Conference view the gold-based currency exchange?
Question 10
What issues are associated with World Bank projects?
Question 11
What was the primary purpose of the Bretton Woods Conference in 1944?
Question 12
Which two institutions were created as a result of the Bretton Woods Conference?
Question 13
What challenge do underdeveloped nations face as a result of IMF loans?
Question 14
What was one of the results of the US dollar being adopted by the IMF?
Question 15
What was the aim of the IMF regarding currency standards?