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Q. What is an SDR?
Answer: An SDR abbreviation of Special Drawing Right at the IMF and holds a place as a world reserve currency some countries especially those that do not want to peg to the dollar for political reasons, peg to the SDR. An SDR's value is unwavering by a basket of currencies that make up a large portion of the world's GNP.
Q. Should the IMF be abolished? Discuss. Answer: Arguments for eliminating the IMF must mention moral hazard and insistence on high interest rates and hasty structural
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