IMF Flashcards
1
Q
When was the IMF founded
A
1944
2
Q
How many member countries in the IMF
A
186
3
Q
What does the IMF do?
A
Gives loans to countries to allow development
4
Q
What country is associated with the IMF
A
Mozambique
5
Q
What industry was thriving in Mozambique?
A
Cashew nuts
6
Q
How many people did the Cashew nut industry employ
A
10,000
7
Q
How did the IMF ruin the cashew nut industry in Mozambique?
A
Removed the tax on exporting raw nuts
8
Q
How many people lost their jobs in the Mozambique cashew nut tax removal
A
9,000