what is the global system of exchange rates and international payments that enables countries and their…

what is the global system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other?\no a. the world bank\no b. the multilateral investment guarantee agency (miga)\no c. the international monetary system (imf)\no d. the international development association (ida)

what is the global system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other?\no a. the world bank\no b. the multilateral investment guarantee agency (miga)\no c. the international monetary system (imf)\no d. the international development association (ida)

Answer

Brief Explanations:

The International Monetary System (IMF) deals with exchange - rate arrangements and international payments, facilitating cross - border trade of goods and services. The World Bank focuses on development projects, MIGA on investment guarantees, and IDA on providing concessional loans to poor countries.

Answer:

C. the International Monetary System (IMF)