Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 Form 4 Business studies lessons and notes on international trade

Benefits of being a member of international monetary fund.

 (3m 52s)
915 Views     SHARE

Download as pdf file

Answer Text:
Benefits of being a member of IMF.
- A country get short-term loans to correct balance of payments deficits.
- Get access to advice on financial issues to improve the economy.
- Gets technical support terms of personnel for improvement of the economy
- Gets co-operation in international monetary issues.
- Gets opportunities in international forums by IMF for discussing monetary and fiscal policy issues.
- May be assisted in training the country’s personnel.


|