Which of the following is the primary purpose of the International Monetary Fund?
a. To grant long-term loans for the economic development of less developed countries and the
reconstruction of war-torn countries in Europe.
b. To avoid trade wars by raising protectionist barriers, as witnessed during the interwar period.
c. To serve as the primary global trade organization.
d. To promote global monetary cooperation and international financial stability.
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Answer:
D. To promote global monetary cooperation and international financial stability.