Adverse Balance of Payment Institution
CMAT 2021 · General Knowledge · Easy · Economics
If the Balance of Payment of a country is adverse, then which institution will help that country?
- A.
World Bank
- B.
World Trade Organization
- C.
International Monetary Fund
- D.
Asian Development Bank
Answer
C
Explanation
The International Monetary Fund (IMF) specifically assists member countries experiencing balance of payments difficulties.
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