The international institution that serves as a lender of last resort is called the

Question

Quizplus · Accepted Answer

The IMF (International Monetary Fund) serves as a lender of last resort for member countries facing economic crises by providing loans and technical assistance. The World Bank (D), on the other hand, primarily provides financing for development projects in lower-income countries. The IBRD (A) is a part of the World Bank Group and focuses on providing loans to middle-income countries. The WTO (B) and GATT (E) are international trade organizations that do not provide loans or serve as lenders of last resort.

The International Institution That Serves as a Lender of Last