If you were in charge of a developing country, where would you go for financial assistance
A) The International Monetary Fund
B) World Trade Organization
C) The World Bank
D) both a. and c.

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) and the World Bank are both global financial institutions that provide financial assistance to developing countries. The IMF provides short-term loans to countries experiencing economic difficulties and helps them to avoid financial crises. On the other hand, the World Bank provides long-term loans for development projects that are designed to promote economic growth and reduce poverty in developing countries. Therefore, seeking assistance from both the IMF and the World Bank is the best option for a developing country to access financial help for various economic needs.

If You Were in Charge of a Developing Country, Where