What is one primary role of the Bank of England?

The primary role of the Bank of England is to regulate monetary policy and ensure financial stability. This involves setting interest rates to manage inflation and ensure the economic stability of the country. By controlling interest rates, the Bank influences borrowing, spending, and investment, which are crucial for maintaining a balanced economy. Additionally, it oversees the financial system's stability, working to prevent financial crises and ensuring that banks operate safely and soundly. This role is central to the Bank's mandate to promote the good of the people of the United Kingdom through its efforts to maintain a stable currency and economic environment.

The other choices reflect activities that, while important in the broader context of economic governance, are not the primary responsibilities of the Bank of England. For instance, issuing currency is indeed part of its role, but the focus here is on monetary policy and stability rather than merely issuing currency or enforcing fiscal policy, which is the responsibility of the government. Similarly, controlling international trade relations does not fall under the Bank’s primary remit, as that is typically managed through government policy and international agreements.