A) To minimize exchange rate restrictions
B) To promote balanced international trade
C) To provide financial assistance in adverse BOP situations
D) All the above
Correct Answer: D
Solution :
[d] Objectives of the IMF: To promote international cooperation- to facilitate the expansion and balanced growth of international trade- to promote exchange stability- to assist in the establishment of a multilateral system of payments- to make its general resources available to its members experiencing balance of payments difficulties under adequate safeguards- and to shorten the duration and lessen the degree of disequilibrium in the international balance of payments of members.
You need to login to perform this action.
You will be redirected in
3 sec
