To an extent, the International Monetary Fund served as an _____________________ to help countries during periods of temporary balance-of-payments difficulties.
A)International legal bank.
B)International central bank.
C)International liability bank.
D)International claims bank.
E)None of the above

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) acts as an international central bank by providing financial assistance and support to countries facing temporary balance-of-payments problems, helping them stabilize their economies.

To an Extent, the International Monetary Fund Served as an _____________________