To overcome the particular market barriers of inadequate monetary reserves and unstable currencies that plagued international trading before World War II, the _____ was formed.
A) World Bank
B) United Nations Organization
C) International Trade Federation
D) International Monetary Fund
E) United Nations Development Programme

Question

Quizplus · Accepted Answer

Inadequate monetary reserves and unstable currencies are particularly vexing problems in global trade. So long as these conditions exist, world markets cannot develop and function as effectively as they should. To overcome these particular market barriers that plagued international trading before World War II, the International Monetary Fund (IMF) was formed.

To Overcome the Particular Market Barriers of Inadequate Monetary Reserves