Who would a country approach for assistance with their balance of payments?
A) the World Bank
B) the International Monetary Fund (IMF)
C) the United Nations Children's Fund (UNICEF)
D) the World Health Organization (WHO)
E) the World Trade Organization (WTO)

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) provides assistance to countries with their balance of payments by providing loans, advice, and technical assistance. The World Bank (A) provides loans for development projects, but not specifically for balance of payments issues. UNICEF (C) and WHO (D) focus on health and social issues, while the WTO (E) deals with trade policies and regulations.

Who Would a Country Approach for Assistance with Their Balance