Economics · Economy
The Bank for International Settlements (BIS), headquartered in Basel, Switzerland, is best known for its role in:
- 1Settling international bilateral maritime trade disputes
- 2Allocating Special Drawing Rights (SDRs) to member countries
- 3Serving as a bank for central banks and fostering global banking regulatory standards✓
- 4Providing direct infrastructure project loans to developing economies
Correct answer
Serving as a bank for central banks and fostering global banking regulatory standards
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