Question

Which of the following is NOT a goal of the International Monetary Fund (IMF)?

1) to promote cooperation among countries on international monetary issues
2) to promote stability in exchange rate
3) to enhance a country's long-term economic growth via the extension of structural adjustment loans
4) to promote free trade
5) to promote free mobility of capital funds across countries

Answer 1

The International Monetary Fund (IMF) has several goals, but the promotion of free trade is not one of them.

Step-by-step explanation:

The International Monetary Fund (IMF) has several goals, but one of the goals that is NOT included in its mission is to promote free trade. The IMF was created in 1944 to promote global monetary stability by providing financial support and policy advice to member countries. It aims to promote cooperation among countries on international monetary issues, promote stability in exchange rates, enhance a country's long-term economic growth via structural adjustment loans, and promote free mobility of capital funds across countries. However, free trade is not specifically listed as a goal of the IMF.