International Monetary Fund - IMF The International Monetary Fund (IMF) is an international organization created for the purpose of standardizing global financial relations and exchange rates. The IMF generally monitors the global economy, and its core goal is to economically strengthen its member countries. Specifically, the IMF was created with the intention of: 1. Promoting global monetary and exchange stability. 2. Facilitating the expansion and balanced growth of international trade. 3. Assisting in the establishment of a multilateral system of payments for current transactions. Breaking It Down: Fixed exchange rates, also known as the Bretton Woods system (named after the original UN conference at which the IMF was conceived)... Related to "International Monetary Fund - IMF" |
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