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3 years ago

What belief drove the creation of the international Monetary Fund (IMF)?

History

2 answers:

alisha [4.7K]3 years ago

4 0

Answer:

A. If there are weak economies in the world, they can contaminate the economies of other nations.

Explanation:

No countries in this world able to produces all variety or products that their people consume. Which is why most countries are relying on one another in order to fulfill the people's demand through trades.

But not all countries live to their fullest economic potential. Things such as political instability, or harsh climate are usually the most common cause of this issue.

International Monetary Fund was created to handle such issues. Members of the IMF contributed to fund several programs that are intended to promote financial stabilities, increase rate of employment, and reduce poverty of the countries that are economically disadvantaged.

klio [65]3 years ago

4 0

Answer:

A. If there are weak economies in the world, they can contaminate the economies of other nations.

Explanation:

The PF text book states:

"The creation of the International Monetary Fund (IMF) was based on the idea that poor economic relations between states caused the world wars...To quote US President Franklin Delano Roosevelt at the start of the Bretton Woods conference, "The economic health of every country is a proper matter of concern to all its neighbors, near and far.""

Hope this helps!!

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