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Gekata [30.6K]
3 years ago
14

What goals does the international monatary funds today

History
2 answers:
Luda [366]3 years ago
6 0

The International Monetary Fund aims to reducing global poverty, encouraging international trade, and promoting financial stability and economic growth.

USPshnik [31]3 years ago
3 0
The International Monetary Fund aspires to reduce worldwide poverty through fostering financial stability and economic progress, as well as stimulating international trade.
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By July 16, the convention had already set the minimum age for senators at 30 and the term length at six years, as opposed to 25 for House members, with two-year terms. James Madison explained that these distinctions, based on “the nature of the senatorial trust, which requires greater extent of information and stability of character,” would allow the Senate “to proceed with more coolness, with more system, and with more wisdom than the popular[ly elected] branch.”

The issue of representation, however, threatened to destroy the seven-week-old convention. Delegates from the large states believed that because their states contributed proportionally more to the nation’s financial and defensive resources, they should enjoy proportionally greater representation in the Senate as well as in the House. Small-state delegates demanded, with comparable intensity, that all states be equally represented in both houses. When Sherman proposed the compromise, Benjamin Franklin agreed that each state should have an equal vote in the Senate in all matters—except those involving money.

Over the Fourth of July holiday, delegates worked out a compromise plan that sidetracked Franklin’s proposal. On July 16, the convention adopted the Great Compromise by a heart-stopping margin of one vote. As the 1987 celebrants duly noted, without that vote, there would likely have been no Constitution.

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