The purpose of the IMF is to
A) make short-term loans to countries facing balance of payments problems
B) help governments combat their inflation
C) fix exchange rates
D) administer the foreign exchange market
E) buy and sell IMF bonds to keep the world's currencies in equilibrium

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) primarily provides short-term loans to countries experiencing balance of payments difficulties to help them stabilize their economies.

The Purpose of the IMF Is to