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28 May, 17:14

How does the IMF affect Africa?

Check all that apply.

A. It encourages freerkrade.

B. It encourages Islam to spread.

C. It promotes trade tariffs.

D. It promotes privately owned property.

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Answers (2)
  1. 28 May, 18:18
    0
    A. It encourages free trade

    C. It promotes trade tariffs

    Explanation:

    IMF is the International Monetary Fund. A global monetary corporation amongst member countries that is aimed at fostering trade, capital and employment stability amongst its member states.

    Over the years, IMF has granted loans to African countries and in the process setting certain policies which has encouraged free trade and promoted trade tariffs amongst African countries.
  2. 28 May, 19:42
    0
    It pushes for open trade.

    It loans money to poor countries.
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