The _______ is seen as the lender of last resort to nation-states whose economies are in turmoil and currencies are losing value against those of other nations.
A) International Monetary Fund
B) International bank
C) United Nations
D) Canada's Export Development Corporation
E) Bank of Canada

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) is specifically designed to serve as the lender of last resort for nation-states facing economic crises. It provides financial assistance and policy advice to member countries, helping them stabilize their economies and restore financial stability. The other options listed are not primarily focused on providing such assistance.

The _______ Is Seen as the Lender of Last Resort