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Practice Reading: Fill in the Blanks (Dropdown) ID: #37424 IMF
Instructions ›
Below is a text with blanks. Click on each blank, a list of choices will appear. Select the appropriate choice for each blank.
The  International  Monetary  Fund  (IMF),  headquartered  in  Washington,  DC,  is    of  189  member  countries.  The  IMF  works  to  foster  global  growth  and  economic  stability  by  providing  policy,  advice,  and  financing  to  its  members.  It  also  works  with  developing  nations  to  help  them  reduce  poverty  and  achieve  macroeconomic  .  It  now  plays  a  central  role  in  the  management  of  balance-of-payments  difficulties  and  international  financial  crises.  When  the  IMF  was  founded,  its  primary  functions  were  to  provide  short-term  capital  to    the  balance  of  payments  and  to  oversee  fixed-exchange-rate  arrangements  between  countries,  thus  helping  national  governments  manage  their  exchange  rates  and  prioritize  economic  growth.  This    was  meant  to  prevent  the  spread  of  international  economic  crises.  The  IMF  mission  changed  slightly  after  1971,  and  floating  currency  exchange  rates  made  it  harder  to  predict  the  economic  stability  of  a  region.  Today  the  IMF  plays  an  active  role  in    and  managing  economic  policy  around  the  world.

Result:

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Correct answer: comprised

Explanation: The word 'comprised' is used correctly here to indicate that the IMF is made up of 189 member countries. It fits grammatically as it follows the verb 'is' and aligns with the subject 'the International Monetary Fund,' which is singular. The structure 'is comprised of' is a standard phrase used to describe the composition of an entity.

Meaning: 'Comprised' means to consist of or be made up of, indicating the members that form the IMF.

Wrong options:

  • presented: 'Presented' means to show or offer something, which does not fit the context of describing the composition of the IMF.
  • divided: 'Divided' implies separation into parts, which does not accurately describe the relationship between the IMF and its member countries.
  • apprised: 'Apprised' means to inform or notify, which is unrelated to the concept of composition.
Correct answer: stability

Explanation: The term 'stability' fits perfectly in this context as it refers to the economic condition that the IMF aims to help developing nations achieve. It is a noun that aligns with the preceding phrase 'macroeconomic,' indicating a specific type of stability. The grammatical structure is coherent, as 'achieve stability' is a common collocation in economic discussions.

Meaning: 'Stability' refers to a state of being steady and not changing, particularly in economic terms, where it implies a balanced and predictable economic environment.

Wrong options:

  • utility: 'Utility' refers to usefulness, which does not fit the context of economic conditions that the IMF is concerned with.
  • docility: 'Docility' means being submissive or easily managed, which is irrelevant in this economic context.
  • nasality: 'Nasality' relates to sound quality and has no connection to economic conditions.
Correct answer: aid

Explanation: The word 'aid' is the correct choice as it indicates the action of providing assistance, which aligns with the IMF's purpose of helping countries with their balance of payments. It fits grammatically as it follows 'to' and is in the base form, making it appropriate in this infinitive construction.

Meaning: 'Aid' means to help or assist, particularly in a financial context, which is exactly what the IMF aims to do for countries facing economic difficulties.

Wrong options:

  • mobilize: 'Mobilize' means to prepare or organize for action, which does not fit the context of providing assistance in the balance of payments.
  • prohibit: 'Prohibit' means to forbid or prevent, which is the opposite of what the IMF aims to do in terms of providing support.
  • inhabit: 'Inhabit' means to live in or occupy a space, which is unrelated to the context of economic assistance.
Correct answer: assistance

Explanation: The word 'assistance' is appropriate here as it refers to the help provided by the IMF to prevent economic crises. It fits grammatically as a noun that serves as the subject of the sentence, indicating what was meant to prevent the spread of crises.

Meaning: 'Assistance' means help or support, particularly in a financial or economic context, which is what the IMF provides to countries.

Wrong options:

  • substance: 'Substance' refers to the material or essence of something, which does not fit the context of providing help.
  • circumstance: 'Circumstance' refers to a condition or fact affecting a situation, which is not relevant to the concept of providing help.
  • instance: 'Instance' means an example or occurrence, which does not convey the idea of help or support.
Correct answer: shaping

Explanation: The word 'shaping' is the correct choice as it indicates the IMF's active role in influencing and forming economic policy. It fits grammatically as a gerund that follows 'plays an active role in,' making it appropriate in this context.

Meaning: 'Shaping' means to influence or determine the form or character of something, particularly in terms of policy and direction.

Wrong options:

  • manifesting: 'Manifesting' means to display or show, which does not accurately describe the IMF's role in influencing policy.
  • fading: 'Fading' implies diminishing or disappearing, which is contrary to the active role the IMF plays.
  • resolving: 'Resolving' means to find a solution, which does not capture the broader influence implied by 'shaping' in the context of policy.

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