The International Monetary Fund Was Established to

question 2

Multiple Choice

The International Monetary Fund was established to

• A) ensure flexibility of exchange rates.
• B) maintain a stable system of exchange rates.
• C) make long-term loans to member countries.
• D) create an international currency.
• E) manage the affairs of the International Bank for Reconstruction and Development.

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Definitions:

Abolition of Slavery

The legal or formal ending of the practice of slavery, most notably in the United States with the Emancipation Proclamation in 1863 and the Thirteenth Amendment in 1865.

North

Generally refers to the geographic area located above the Equator or, in historical contexts like the American Civil War, states in the USA that opposed slavery.

George Washington

The first President of the United States (1789-1797), a Founding Father, and commander-in-chief of the Continental Army during the American Revolutionary War.