International Monetary Fund Flashcards
1
Q
IMF definition
A
An organisation that monitors the global economy to ensure that it’s healthy and stable
2
Q
How does the IMF promote growth and development? (2 points)
A
- Maintaining stability in the global economy
- Occasionally providing bailouts to countries in need
3
Q
What does the IMF monitor? (3 points)
A
- Exchange rates
- Balance of payments
- Economic policies
