The borrowing rights of a member country of the international Monetary Fund are determined by?
Answer Details
The borrowing rights of a member country of the International Monetary Fund (IMF) are determined by its quota to the fund. Quota refers to the share of each member country in the financial resources of the IMF, which is determined by various factors such as the size of the country's economy, its contribution to the international trade system, and its balance of payments. A country's quota also determines its voting power in the IMF. Therefore, the higher the quota of a member country, the greater its borrowing rights in the IMF.