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

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Quizplus · Accepted Answer

The IMF, or International Monetary Fund, is the international institution that serves as a lender of last resort. Its main purpose is to ensure the stability of the international monetary system and to provide emergency loans to countries experiencing financial difficulties. The World Bank (D) is a separate institution that focuses on providing long-term loans and other financial assistance to developing countries for projects such as infrastructure development. IBRD (A) refers specifically to the International Bank for Reconstruction and Development, which is a part of the World Bank. The WTO (B) is not a lender of last resort but rather a forum for member countries to negotiate and enforce international trade agreements.

The International Institution That Serves as a Lender of Last