The Primary Function of the International Monetary Fund Is

question 55

Multiple Choice

The primary function of the International Monetary Fund is

• A) to provide loans only to private firms in developing countries.
• B) to make direct, irrevocable transfers of funds from wealthy nations to poor nations.
• C) to lend solely on the basis of a nation's relative poverty.
• D) to make loans aimed at promoting global stability and hence growth.

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Definitions:

Ku Klux Klan

A secret society in the southern U.S. that focuses on white supremacy, white nationalism, and anti-immigration, notorious for its violence against African Americans and other groups.

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A stance or policy that opposes immigration, often characterized by hostility towards immigrants and efforts to restrict their entry into a country.

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Exhibiting hostility towards Catholicism, its followers, or its practices, often based on religious intolerance or misunderstanding.

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