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What is the quota of the International Monetary Fund? Is it important? Why?

高老师2年前 (2024-03-26)国际商务英语(05844)18

What is the quota of the International Monetary Fund? Is it important? Why?

The deposit paid by each member to the IMF is called a quota. (1 分)It is important because it generally reflects the importance of a members economy,(2 分)and it determines a members voting power in and borrowing power from the IMF, and serves as part of its official reserves. (2 分)

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