Out of the following, which are the important objectives of IMF?
(i) To promote exchange rate stability
(ii) To create standby reserves
(iii) To print International currency notes
(iv) To establish a multilateral system of payments
(v) To maintain orderly exchange rate stability
(vi) To create employment
From the following, identify the trading blocks in the world and choose the correct answer:
(1) European Union
(2) North American Free Trade Agreements
(3) South Asian Association of Regional Cooperation
(4) Central American Common Market
(5) Central African Customs Union
Which of the following can be included in the current account of the balance of payments?
(i) Purchase of goods from abroad
(ii) Sale of services abroad
(iii) Worker's remittances from abroad
(iv) Sale of copy right to foreigners
(v) Direct investment in equity capital