Asked by Michael Maestri on Sep 28, 2024
The International Monetary Fund
A) provides loans and facilitates a short-term flow of money to countries in need.
B) sets a single monetary instrument that governs international monetary exchange.
C) is limited in its ability to loan money to developing countries.
D) was set up to provide for long-term money flow to developing countries.
International Monetary Fund
An international organization aimed at promoting global monetary cooperation, securing financial stability, facilitating international trade, and fostering sustainable economic growth.
Loans
Borrowed funds that are expected to be repaid with interest by the borrower to the lender, often used for purchases or investments.
Countries
Nation-states defined by geographical boundaries, government, and often a shared culture or identity among its population.
- Appraise the implications of transnational organizations and collaborations (e.g., United Nations, NATO, IMF) on worldwide politics and economics.
Learning Objectives
- Appraise the implications of transnational organizations and collaborations (e.g., United Nations, NATO, IMF) on worldwide politics and economics.
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