Which office is responsible for international monetary policy?

The International Monetary Fund (IMF) is responsible for overseeing international monetary policy. The IMF's primary functions include promoting global economic stability, facilitating international trade, and providing monetary cooperation among countries. It plays a crucial role in monitoring exchange rates and balancing payments, and it offers advice and financial assistance to member countries facing economic difficulties.

The IMF helps maintain stability in the global economy by offering policy advice, usually in the form of economic assessments and forecasts that inform member states' monetary and fiscal policies. Additionally, it provides financial support to countries in crisis to help stabilize their economies and restore confidence in their currencies.

In contrast, the World Trade Organization (WTO) focuses on trade regulation and the promotion of free trade by facilitating negotiations and settling trade disputes between its member nations. The World Bank, on the other hand, primarily concentrates on providing financial and technical assistance for development projects aimed at reducing poverty and boosting economic development. The United Nations has a broader mandate focused on various global issues, including peace, security, and development, rather than specifically on monetary policy.