Moderate

The purpose of AMF was/were to:

Correct answer: C. Both of them

  • A. Provide a mechanism for stability in exchange rates
  • B. Coordinate Arab economic and monetary policies
  • C. Both of them
  • D. none of them

Explanation

The Arab Monetary Fund was created to promote monetary cooperation, support exchange-rate stability and coordinate Arab monetary policies. Therefore, both stated purposes apply.

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