Using complete sentences, describe how the International Monetary Fund (IMF) receives funding.

Answer:

Responses may vary but should include some or all of the following information: When a country joins the IMF, it is assigned a quota based on the size of its economy. A quota determines the amount of money each country contributes as well as the number of votes it gets on IMF decisions. Quotas broadly reflect the size of each member's economy: the larger a country's economy in terms of output, and the larger and more variable its trade, the larger its quota. Members with the largest quotas are the United States, Japan, Germany, France, the United Kingdom, China, Italy, Saudi Arabia, Canada, and Russia. The IMF also receives interest on some of the loans it makes.