Mexico is experiencing balance-of-payments deficits and is seeking financial support.Mexico probably should seek assistance from
A) the Export-Import Bank of the United States.
B) a multilateral development bank.
C) the Eximbank.
D) the IMF.
E) the World Bank.

Question

Quizplus · Accepted Answer

The IMF is the best choice for Mexico because it specializes in providing financial assistance to countries facing balance-of-payments difficulties. The other options listed may also provide financial support, but the IMF has the specific expertise to address Mexico's current economic challenges.

Mexico Is Experiencing Balance-Of-Payments Deficits and Is Seeking Financial Support