Responses
provide short-term emergency loans
provide short-term emergency loans
provide long-term development loans
provide long-term development loans
generate multilateral agreements
generate multilateral agreements
coordinate banking regulations
coordinate banking regulations
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The correct response describing the role of the Bank for International Settlements (BIS) in the global economy is:
coordinate banking regulations
The BIS acts as a bank for central banks and provides a platform for international monetary and financial cooperation, including the coordination and implementation of banking regulations.
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