As stipulated by the Bretton Woods conference,the goal of the International Monetary Fund was to:
A) maintain order in the international monetary system
B) establish a world currency
C) promote development
D) set interest rates in members nations
E) establish economic guidelines for countries

Question

Quizplus · Accepted Answer

The goal of the International Monetary Fund, as stipulated by the Bretton Woods conference, was to maintain order in the international monetary system. This involved providing financial assistance to member countries, promoting exchange rate stability and facilitating international trade. While the IMF does work towards promoting development and offering economic guidelines to member countries, these are not its primary goals as specified by the Bretton Woods conference. Setting interest rates in member nations is also not within the purview of the IMF. The establishment of a world currency was a proposed idea at the conference, but this was not included in the final agreement.

As Stipulated by the Bretton Woods Conference,the Goal of the International