The basic mission of the IMF is:
A) to provide technical advice to the governments of developing countries in areas like infrastructure and education.
B) to provide financial assistance to the governments of developing countries in the form of lowinterest loans.
C) to promote international economic cooperation and stable growth.
D) to reduce poverty across the world and protect workers' rights.

Question

The basic mission of the IMF is:
A) to provide technical advice to the governments of developing countries in areas like infrastructure and education.
B) to provide financial assistance to the governments of developing countries in the form of low­interest loans.
C) to promote international economic cooperation and stable growth.
D) to reduce poverty across the world and protect workers' rights.

Quizplus · Accepted Answer

The IMF's primary mission is to promote international economic cooperation and ensure stable growth by providing member countries with financial and policy advice, assistance in resolving economic problems, and access to financing. While the IMF may provide loans to member countries in need, this is not its sole or even primary function. The organization also does not focus specifically on poverty reduction or protecting workers' rights.

The Basic Mission of the IMF Is