1. What are the three main purposes of money?
2. What three factors influence the value of a country's
currency?
3. What is the primary purpose of the World Bank?
4. How does the International Monetary Fund encourage
economic development?
1. How would printing additional money affect the value of a
country's currency?
2. If you had to create a money system other than coins and
currency, what items might you use?
3. What are some ways the World Bank and the International
Monetary Fund might reduce economic difficulties in
developing nations?
4. When traveling to another country you have the choice of
paying for the stay when you book the reservation or when
you check out of the hotel. If last January 1st I made a
reservation to stay in Italy and completed the stay on April
30th, which method of paying for the room would be better?
5. How might currency control measures affect the trade of a
certain nation?
Answers: 2
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