Question

What are the objectives of the IMF according to its role in the global monetary system?

a.

Foster global military alliances

b.

Promote high employment and sustainable economic growth

c.

Encourage economic self-sufficiency of member countries

d.

Eliminate international trade

Answer: (b).Promote high employment and sustainable economic growth Explanation:One of the objectives of the IMF is to promote high employment and sustainable economic growth globally.

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Q. What are the objectives of the IMF according to its role in the global monetary system?

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