Unit 4 - IMF - Global Organisations

Question 1

What does IMF stand for?

Answer 1

• International Monetary Fund

Question 2

Where is the IMF headquartered?

Answer 2

• Washington D.C.

Question 3

What is the IMF working to?

Answer 3

• working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth and reduce poverty around the world

Question 4

What does the IMF play a role in?

Answer 4

• plays a central role in the management of balance of payments difficulties and international financial crises

Question 5

What does the IMF work to improve?

Answer 5

• works to improve the economies of its member countries

Question 6

What do loan conditions from the IMF ensure?

Answer 6

• loan conditions ensure that the borrowing country will be able to repay the IMF and ensure that they will not attempt to solve their problems in a way that would negatively impact the international economy