Question

Which one of the following international institutions plays an important role in determining economic policies across the world?

• A. IMF
• B. IAEA
• C. Amnesty International
• D. Human Rights Watch

Hint:

Remember: The IMF is a key global institution involved in shaping economic policies and providing financial assistance to countries in need.

Answer 1

The Correct Option is A

Step 1: Understanding the Role of IMF
The International Monetary Fund (IMF) is an international financial institution that plays a key role in determining economic policies around the world. It provides financial assistance and advice to countries facing economic crises and promotes global economic stability. The IMF also monitors global economic trends and provides policy recommendations to member countries to help stabilize their economies.
Step 2: The Functions of IMF
The primary functions of the IMF include: - Promoting international monetary cooperation - Facilitating the growth of international trade - Stabilizing exchange rates and helping in the establishment of a multilateral payments system - Providing loans to countries with balance of payment problems
Step 3: Final Answer
Therefore, the correct answer is the IMF, as it plays a crucial role in shaping economic policies worldwide.