The main purpose of the International Monetary Fund (IMF)is to:

Question

Quizplus · Accepted Answer

The main purpose of the International Monetary Fund (IMF) is to facilitate the expansion and balanced growth of international trade through its role in promoting international monetary cooperation, exchange stability, and providing resources to help member countries in need of financial assistance to overcome balance of payments problems. The IMF also works to reduce poverty and support economic growth in developing countries. Providing easy access to money for multinational corporations or creating a simplified lending system are not the main purposes of the IMF, although they may be secondary functions. Facilitating currency exchanges is also not the primary purpose of the IMF, although it does play a role in promoting exchange rate stability.

The Main Purpose of the International Monetary Fund (IMF)is To