What market barriers led to the creation of the International Monetary Fund?
A) trade embargoes
B) inflation and recession in Europe
C) new taxing bodies governing trade
D) inadequate monetary reserves and unstable currencies
E) export quotas and higher tariffs

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) was created to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries to transact with each other. Inadequate monetary reserves and unstable currencies were key issues that led to its creation, as these factors contributed to economic instability and hindered international trade and recovery post-World War II.

What Market Barriers Led to the Creation of the International