Which of the following is true concerning multilateral


1. Today's major industrialized nations are using a foreign exchange system known as Select one:

A. pegged rates.

B. managed float.

C. fixed rates.

D. free float.

2. Which of the following is true concerning multilateral financial institutions? Multilaterals:

A. Receive principle funding from the world's major industrialized nations.

B. Offer official development assistance to developing countries.

C. Have been criticized for driving some countries further into debt and financial vulnerability.

D. All of the above.

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Financial Management: Which of the following is true concerning multilateral
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