The institution that is responsible for maintaining international monetary stability is:
A)the International Monetary Fund.
B)the World Bank.
C)the United Nations.
D)the International Reserve Bank.

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) is responsible for maintaining international monetary stability through the promotion of international economic cooperation and the stabilization of exchange rates. It provides loans to member countries facing economic difficulties, as well as offering policy advice and technical assistance to help countries manage their economies. The World Bank also plays a role in international economic cooperation, but its primary focus is on funding development projects in member countries. The United Nations is a broader international organization focused on global peace and security, and the International Reserve Bank is not a real institution.

The Institution That Is Responsible for Maintaining International Monetary Stability