The primary purpose of the International Monetary Fund is to:
A) Lend foreign currency to member countries.
B) Exchange one currency for another.
C) Consolidate the debt facing third world nations.
D) Collect the interest on loans made by the World Bank to third-world nations.

Question

Quizplus · Accepted Answer

The primary purpose of the International Monetary Fund is to lend foreign currency to member countries, particularly those experiencing balance of payment difficulties. This lending helps stabilize economies and promote international trade.

The Primary Purpose of the International Monetary Fund Is To