International Monetary Fund (IMF) argues that developing economies hold a massive stockpile of foreign exchange. Which could be the consequences of such stockpiling? 1. A trade imbalance or major difference in value of imports/exports is generated between the developing and emerging economies and the rich countries. 2. Such an imbalance is not a healthy sign. These imbalances have caused the current global economic crisis. 3. Such stockpiling is responsible not only for problems in trade balances but leads to money laundering.

International Monetary Fund (IMF) argues that developing ec

1.	International Monetary Fund (IMF) argues that developing economies hold a massive stockpile of foreign exchange. Which could be the consequences of such stockpiling? 1. A trade imbalance or major difference in value of imports/exports is generated between the developing and emerging economies and the rich countries. 2. Such an imbalance is not a healthy sign. These imbalances have caused the current global economic crisis. 3. Such stockpiling is responsible not only for problems in trade balances but leads to money laundering.
A.	1 only
B.	2 only
C.	3 only
D.	1, 2 and 3
Answer» E.