Economics · International Monetary Fund (IMF)
What is the primary objective of the exchange rate and currency arrangements maintained by the IMF among its member countries?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To directly regulate the domestic fiscal policies of sovereign governments
- 2To provide long-term commercial loans for infrastructural development
- 3To enforce a uniform global currency system across all member nations
- 4To promote international trade and maintain balance of payments (BOP) equilibrium✓
Correct answer
To promote international trade and maintain balance of payments (BOP) equilibrium
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