Which of the following is true of the International Monetary Fund?
A) The IMF is a federal body that consists of representatives of all the states and federal experts in the United States.
B) The IMF is funded from the Superfund created by the Comprehensive Environmental Response, Compensation, and Liability Act.
C) The IMF is an autonomous agency under the UN which promotes sound monetary, fiscal, and macroeconomic policies worldwide.
D) The IMF is responsible for providing one-time grants to needy countries with no terms and conditions attached to the assistance.
Correct Answer:
Verified
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