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The International Monetary Fund (IMF) primarily aims to: (1944)

Practice Questions

Q1
The International Monetary Fund (IMF) primarily aims to: (1944)
  1. Provide loans to developing countries for infrastructure projects
  2. Ensure the stability of the international monetary system
  3. Promote human rights globally
  4. Facilitate cultural exchanges between nations

Questions & Step-by-Step Solutions

The International Monetary Fund (IMF) primarily aims to: (1944)
  • Step 1: Understand that the IMF stands for the International Monetary Fund.
  • Step 2: Know that the IMF was created in the year 1944.
  • Step 3: Learn that the main goal of the IMF is to help keep the international monetary system stable.
  • Step 4: Recognize that a stable monetary system means countries can trade and exchange money without major problems.
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