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The International Monetary Fund (IMF) primarily aims to:
  • a)
    Promote free trade among member countries.
  • b)
    Provide financial assistance to developing countries.
  • c)
    Coordinate policies of member countries to maintain stable exchange rates.
  • d)
    Conduct research on global economic trends.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The International Monetary Fund (IMF) primarily aims to:a)Promote free...
The primary role of the International Monetary Fund (IMF) is to promote global monetary cooperation and stability. It achieves this by facilitating dialogue and coordination among member countries to maintain stable exchange rates and address balance of payments issues. While the IMF also provides financial assistance to member countries, its main objective is to promote monetary stability rather than free trade or research.
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The International Monetary Fund (IMF) primarily aims to:a)Promote free trade among member countries.b)Provide financial assistance to developing countries.c)Coordinate policies of member countries to maintain stable exchange rates.d)Conduct research on global economic trends.Correct answer is option 'C'. Can you explain this answer?
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