Which of the following is considered the international lender of last resort?

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) is considered the international lender of last resort. It provides loans to member countries facing economic difficulties and helps maintain stability in the international monetary system. While the U.S. Federal Reserve can act as a lender of last resort within the United States, it does not handle international lending in the same way the IMF does. The World Bank primarily lends to developing countries for specific development projects, but it does not have the same mandate or capacity as the IMF to act as an international lender of last resort. The U.S. government can provide assistance to other countries in various forms, but it is not specifically designated as an international lender of last resort.

Which of the Following Is Considered the International Lender of Last