The International Monetary Fund is an organization that ________.
A) rules on disputes over tariffs and subsidies
B) helps countries conduct trade through a system of rules
C) provides technical advice to developing countries
D) promotes international monetary cooperation

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) promotes international monetary cooperation and exchange rate stability, facilitates the balanced growth of international trade, and provides resources to help countries in need of financial assistance. While the IMF may provide some technical advice to developing countries, its main function is to promote stability in the global monetary system. The IMF does not rule on disputes over tariffs and subsidies - that falls under the purview of the World Trade Organization (WTO).

The International Monetary Fund Is an Organization That ________