In addition to paying attention to the statistics of international trade activities, the International Monetary Fund often needs to monitor the domestic economic activities of countries. Of course, predicting the domestic economic growth of any country is not its main responsibility.

Trade and Economy A country's economic development needs the help of investment and consumption, but in fact, in today's globalization, trade is playing an increasingly important role, which is no less important than investment and consumption.

The most impressive case is the almost qualitative leap-forward development of China's economy after China's entry into WTO. Through international trade, through exports, especially through contacts with developed countries, China's economic quality has been greatly improved to a higher level.

Through international trade, an economy can obtain all kinds of development resources it urgently needs from all over the world at low prices, from ores to high-tech equipment and even grain, and it can also be obtained cheaply with the help of the international market. Through international trade, an economy can easily find more suitable buyers for products of different levels of quality and price.

In this kind of trade activity, people's lifestyle is also easier to keep up with the advanced and move towards modernization faster. In turn, it can produce another extreme pulling effect on economic development at the consumption level.

In short, wider international trade activities will benefit a country's economy greatly. The IMF undertakes the function of coordinating the international trade order to a great extent.

Exchange rate Because each economy issues its own currency, domestic products (often used for export at the same time) are priced in the currency issued by its central bank, which has caused currency pricing and exchange rate pricing problems in international trade.

According to a certain level of exchange rate, then the commodity will form a price in different currency markets; And if calculated according to another exchange rate, these same commodities will be able to form completely different second prices in different money markets.

As we all know, commodity prices play a decisive role in normal and sustainable economic activities. If a commodity can be cheaper on the premise of equivalent function and qualified quality, it can actually provide a better market for producers to continue their production and operation, and finally develop and grow in the process of expanding reproduction and upgrading commodities.

It is precisely for this reason that those who tend to develop their own economy often make ends meet and are bent on sacrificing the sweat and blood of workers to develop? Domestic economy? Governments (with more tax sources) may usually prefer to set a lower exchange rate. To a great extent, IMF also undertakes the function of coordinating exchange rate policies of various countries in international trade.