Which of the Following Is Not a Purpose of the International

question 155

Multiple Choice

Which of the following is not a purpose of the International Monetary Fund?

• A) Encourage development of a system for international payments
• B) Promote social programs in nations suffering from negative trade balances
• C) Encourage members to cooperate on international monetary issues
• D) Promote the stability of exchange rates
• E) Provide temporary short term loans to member countries

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Definitions:

Political Considerations

Political considerations involve the influence of government policy, political climate, or legislative actions on decision-making processes.

Unconditional Cash Transfers

Direct payments given to individuals or households without any requirements for the receipt of the money, used to reduce poverty or inequality.

Cultural Obstacles

Barriers that stem from cultural differences and prevent or hinder progress in understanding, social integration, and economic development.

Long-Term Earnings

The accrued amount of income that an entity is expected to generate over an extended period, often considered in terms of years or over the entity's lifespan.