Which international institution was established to provide short-term flow of money to help overcome temporary trade deficits?

Question

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The International Monetary Fund (IMF) was established in 1944 to promote international monetary cooperation, exchange stability, and orderly exchange arrangements. Its primary purpose is to provide short-term loans to member countries experiencing balance of payments difficulties, particularly those with temporary trade deficits. The IMF also provides policy advice and technical assistance to member countries. The World Bank, on the other hand, is primarily focused on long-term development projects and poverty reduction, while the World Finance Institute and International Development Organization do not exist as formal international institutions.

Which International Institution Was Established to Provide Short-Term Flow of Money