Ethnicity vs Race. Very few of us accurately describe the difference between ethnicity and race, simply because we tend to lump them into the same definition. While the dictionary can represent each of these words to be highly similar, there are differences.Ethnicity is not just a personâs race.We can say that a Caucasian is white, but that doesnât describe his ethnicity. If we lined up a Caucasian from Ireland, Israel and Canada in a photograph, it would be difficult to discern from which country each person originates.thnicity is not just a personâs race. We can say that a Caucasian is white, but that doesnât describe his ethnicity. If we lined up a Caucasian from Ireland, Israel and Canada in a photograph, it would be difficult to discern from which country each person originates.
International Monetary Fund-a United Nations agency to promote trade by increasing the exchange stability of the major currencies.
An International Banking Facility (IBF) is a separate account established by a U.S. bank, or a US branch/subsidiary of a foreign bank, or an Edge Act Corporation in the United States to offer services to only non-US residents and institutions.The services offered include deposit and loan services.anks may maintain IBFs in their existing quarters, but the IBF's accounting must be separate from the bank's main books. Deposit and loan services provided by IBFs are free of Federal Reserve System reserve requirements, and are not insured by the Federal Deposit Insurance Corporation.