A less-developed nation is facing a financial crisis due to the rapid devaluation of its currency.Which of the following might aid this country?
A)International Monetary Fund
B)World Bank
C)United Nations
D)World Trade Organization

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) is designed to provide financial assistance to member countries facing a balance of payments crisis, including due to currency devaluation. The IMF can provide loans and policy advice to promote economic stability and growth in the country. The other organizations listed (World Bank, United Nations, World Trade Organization) are not designed specifically to address financial crises related to currency devaluation.

A Less-Developed Nation Is Facing a Financial Crisis Due to the Rapid