Argentina is seeking balance-of-payments financing from an international lending institution.Which of the following is most likely to provide such funding?

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) is the most likely choice as it provides balance-of-payments financing to member countries facing economic challenges. The World Bank primarily provides long-term development loans, while the International Finance Corporation and the International Development Agency are both specialized agencies within the World Bank Group that focus on private sector investments and poverty reduction, respectively.

Argentina Is Seeking Balance-Of-Payments Financing from an International Lending Institution