The ______ is a supranational organization whose major responsibility is to lend reserves to member nations experiencing a shortage of reserves.
A) Bank for International Settlements
B) International Monetary Fund
C) World Bank
D) World Trade Organization

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) is the supranational organization that lends reserves to member nations experiencing a shortage of reserves. The Bank for International Settlements primarily serves as a forum for central banks to cooperate on issues related to monetary policy, while the World Bank provides loans for development projects in developing countries. The World Trade Organization focuses on promoting free trade and resolving trade disputes between nations.

The ______ Is a Supranational Organization Whose Major Responsibility Is