The IMF is an agency charged with providing ?
Correct answer: C. short-term credit for international balance of payments deficits
- A. technical assistance to stock market and financial market problems
- B. loans for post-World War II reconstruction
- C. short-term credit for international balance of payments deficits
- D. bonds denominated in U.S dollars as a loan to LDCs
Explanation
The IMF primarily supports countries facing short-term balance-of-payments difficulties by providing conditional financial assistance. Postwar reconstruction was mainly associated with the World Bank and related institutions.
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