The International Monetary Fund
A) buys foreign securities
B) can lend a country currencies to meet a surplus in its merchandise trade balance
C) holds a pool of currencies
D) developed to help the Federal Reserve control U.S. investments abroad

Question

The International Monetary Fund
A) ​buys foreign securities
B) ​can lend a country currencies to meet a surplus in its merchandise trade balance
C) ​holds a pool of currencies
D) ​developed to help the Federal Reserve control U.S. investments abroad

Quizplus · Accepted Answer

The International Monetary Fund (IMF) holds a pool of currencies from its member countries, which it can use to provide financial assistance and support to countries facing balance of payments problems.