The main purpose of the International Monetary Fund is to manage and distribute U.S. foreign aid.

Question

Quizplus · Accepted Answer

The main purpose of the International Monetary Fund is to promote international monetary cooperation, exchange stability, and to facilitate international trade by providing resources to member countries in need of financial assistance. While the United States is the largest member and contributor to the IMF, it is not the sole source of funding and the IMF does not only provide aid to the United States.

The Main Purpose of the International Monetary Fund Is to Manage