Which of the following is not something that the International Monetary Fund does?
A) Provides short-term loans to member countries
B) Functions as a world central bank
C) Eliminates trade barriers between nations
D) Fosters international financial cooperation
E) Provides individual home and auto loans

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF)was established in 1947 to promote trade among member nations by eliminating trade barriers and fostering financial cooperation.It also makes short-term loans to member countries that have balance of payment deficits and provides foreign currencies to member nations.It does not provide banking services to individuals.

Which of the Following Is Not Something That the International