Social Sciences, asked by manish63, 1 year ago

what is world monetary fund

Answers

Answered by kashish123456
1

International monetary systems are sets of internationally agreed rules, conventions and supporting institutions, that facilitate international trade, cross border investment and generally the reallocation of capital between nation states.


The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the ...
Answered by tara1224
2
the international monetary fund provides organisation that provides financial assistance and advice to member countries.
the IMF was born at the end of world war II out of the Brotten woods conference in 1945.it was created  out of the need to prevent economic crisis. it is a specialised organisation of united nations and is run by its 186 countries.
IMF is responsible for the creation and maintenance of international monetary system,the system by which international payments with countries take place.it thus strives to provide a systematic mechanism for foreign exchange transactions in order to foster investment and promote balanced economic global trade



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