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International Business - II
Question
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What purpose is solved by IMF (International Monetary Fund) ?

Answer

IMF is devoted to maintenance of exchange rates and providing short term loans to the companies facing short term foreign exchange problems.

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Some More Questions From International Business - II Chapter

The government has given a number of incentives for the promotion of foreign trade. How they help in the encouragement of foreign trade ?

What purpose is served by World Bank and its affiliates ?

What purpose is solved by IMF (International Monetary Fund) ?

When GATT was evolved ?

Give meaning of WTO agreement.

Give the steps involved in the import of goods taken by one country.

Briefly explain “Advance license scheme” announced by Government of India to promote foreign trade.

Briefly explain “export promotion capital goods scheme”.

Which documents must be submitted to obtain IEC number ?

What is the main objective of WTO?