To avoid or minimize international financial crises in the future,the IMF is taking which of the following measures?

Question

Quizplus · Accepted Answer

Increasing transparency in international monetary relations would help to identify potential problems early on and prevent crises from growing. This would involve more open communication and information sharing among countries and international organizations. Reducing regulations on emerging markets' banking and financial systems, discouraging private sector involvement, and increasing quantitative control over trade are not necessarily effective measures for avoiding financial crises and could have negative consequences.

To Avoid or Minimize International Financial Crises in the Future,the