Globalisation: IMF Flashcards

1
Q

what does IMF stand for?

A

International Monetary Fund

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2
Q

how many countries are included in the IMF?

A

189

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3
Q

where does IMF get its resources from?

A

The World Bank

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4
Q

when was the IMF formed?

A

1945

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5
Q

what is the purpose/aims of the IMF?

A

Promote international monetary co-operation, facilitate international trade, foster sustainable economic growth, make resources available to members experiencing balance of payments difficulties

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