The IMF operates as a first or primary lender that makes short-term loans to countries suffering from unfavorable balance of payments because of imports,exports,and other matters.

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The International Monetary Fund (IMF)is designed to assist in smoothing the flow of money between nations.The IMF operates as a last-resort lender that makes short-term loans to countries suffering from unfavorable balance of payments (roughly the difference between money coming into a country and money leaving the country,because of imports,exports,and other matters).

The IMF Operates as a First or Primary Lender That