To an extent, the International Monetary Fund served as an _____________________.
A) International legal bank.
B) International central bank.
C) International liability bank.
D) International claims bank.
E) None of the above

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) serves as an international central bank, responsible for promoting international monetary cooperation, exchange stability, and orderly exchange arrangements; facilitating the balanced growth of international trade; promoting exchange rate stability; assisting in the establishment of a multilateral system of payments; and providing resources to help members in economic difficulty.

To an Extent, the International Monetary Fund Served as an _____________________