CFBS IMF Flashcards
1
Q
how many countries in the IMF?
A
189
2
Q
what is the aim of the IMF?
A
foster global monetary co-operation, secure financial stability, facilitate international trade, promote high employment, sustainable economic growth and reduce poverty
3
Q
when was the IMF created?
A
1945 after WW2
4
Q
where was the IMF conceived?
A
the UN conference in Bretton Woods in july 1944
5
Q
what is the IMFs fundamental mission?
A
ensure the stability of international monetary system
6
Q
what are the three ways that the IMF ensures the stability of international monetary system?
A
keeping track of the global economy
lending to countries with BOP difficulties
giving practical help to members
