The IMF approves the creation of a given amount of new SDRs These SDRs are distributed among the par...........

Political Theory And International Order (PCS) International Economic Institutions

The IMF approves the creation of a given amount of new SDRs. These SDRs are distributed among the participating countries on the basis of their:

Needs

Share in world trade

Quotas in the IMF

Balance of payments deficits

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Explanation:

Quotas determine the maximum amount of financial resources a member is obliged to provide to the IMF. Quotas are a key determinant of the voting power in IMF decisions. Votes comprise one vote per SDR100,000 of quota plus basic votes (same for all members).