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MA Political Science IMF — Function — practice questions

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IMF — Function questions and exercises with answers

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The IMF's main function is:Read the answer and worked solution →

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The IMF's main function is:

  1. lending for development projects
  2. ensuring international monetary stability
  3. mediating border disputes
  4. humanitarian aid
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Correct answer: B. ensuring international monetary stability

1. IMF was created at Bretton Woods (1944). 2. It provides short-term loans for balance-of-payments crises. 3. World Bank handles long-term development financing. __Source: syllabus Contemporary World Politics — Bretton Woods system__

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