"Researching the IMF" Worksheet

Use the IMF Website (www.imf.org) to answer the following questions. All of the information can be found at the following site locations: What is the IMF? IMF At A Glance, and Chronology.

1. What is the general purpose of the International Monetary Fund?
   
   
2. Explain how the IMF uses each of the following to achieve its purposes:
   
   • Surveillance
     
   • Financial assistance
     
   • Technical assistance
     
     
3. When was the IMF founded? What was the number of original members? How many current members are there?
   
   
4. When did the IMF sign its first agreement with the U.S.S.R regarding technical assistance?
   
   
5. Which member nation was the first to receive debt relief from the IMF? When?
   
   
6. Which member nation received the largest financial commitment in IMF history? When?
   
   
7. Which are the largest five member nations in the IMF?
   
   
8. What is a quota? What is the total share of quota contribution of the largest five member nations? Next to each nation note its share.
   
   
9. What is the relationship between quotas and voting rights?
   
   
10. When was the last time the IMF raised quotas for member nations?
    
    
11. What is meant by Special Drawing Rights (SDRs)? When were they created and first allocated?
    
    
12. When did the IMF open its web site? What purposes does it serve?
    

Money Matters Curriculum Table of Contents

Money Matters