...development of the productive resources of all members as primary objectives of economic policy; (3) to promote exchange stability, to maintain orderly...arrangements among members, and to avoid competitive depreciation; (4) to assist in the establishment of a multilateral system of payments in respect of...

...promote high levels of employment and real income and to develop the productive resources of all members; to assist in the establishment of a multilateral system...in respect of current transactions between members; to give confidence to members by making the Fund's resources available to them under adequate safeguards,...

...development of the productive resources of all members as primary objectives of economic policy. (iii) To promote exchange stability, to maintain orderly...restrictions which hamper the growth of world trade. (v) To give confidence to members by making the Fund's resources available to them under adequate safeguards,...

...organization the United Slates and Uruguay were charter members.7 One of the principal purposes of the Fund is "To promote exchange stability, to maintain orderly...members, and to avoid competitive exchange depreciation." Thus, through participation in the Fund, Uruguay gained multilateral recognition and support for its...

...development of the productive resources of all / members as primary objectives of economic policy. (iii) To promote exchange stability, to maintain orderly...restrictions which hamper the growth of world trade. (v) To give confidence to members by making the Fund's resources available to them under adequate safeguards,...

...question of exchange stability. There is universal agreement that one of the main purposes of the Fund is "to promote exchange stability, to maintain orderly...members, and to avoid competitive exchange depreciation". The precise provisions to give effect to this purpose were, however, the subject of considerable debate....

...the establishment of multilateral payments facilities on current transactions among member countries and in the elimination of foreign exchange restrictions which hamper the growth of world trade. 6. To shorten the periods and lessen the degree of disequilibrium in the international balance of payments...

...the establishment of multilateral payments facilities on current transactions among member countries and in the elimination of foreign exchange restrictions which hamper the growth of world trade. 6. To shorten the periods and lessen the degree of disequilibrium in the international balance of payments...

...policy — And the current trade which is mentioned there, is the settlement of the day-to-day balances. To promote exchange stability, to maintain orderly...members, and to avoid competitive exchange depreciation. All the way through you cannot read that whole section without feeling that that is nailing it down...

...agreement for the International Monetary Fund provide that one of the purposes of the fund is "to prontote exchange stability, to maintain orderly exchange arrangements...members, and to avoid competitive exchange depreciation." Stability of exchange rates is not, however, identical with rigidly fixed rates that cannot be changed...