Answered

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Which describes the role of the bank for international settlements (bis) in the global economy?

a. generate multilateral agreements

b. provide long-term development loans

c. provide short-term emergency loans

d. coordinate banking regulations

please help i need the answer asap!!!

Sagot :

Parrain

The role of the Bank for International Settlements (BIS) is c. provide short-term emergency loans.

What does the Bank for International Settlements (BIS) do?

The BIS is called the central bank for central banks because it is owned by central banks of other nations and gives them financial services.

One financial service it gives is to provide short-term emergency loans to help a central bank carry out economic functions.

Find out more on the Bank for International Settlements (BIS) at https://brainly.com/question/16076996.

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