Economics · International Organizations
Which of the following statements is correct regarding the International Monetary Fund (IMF)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It grants loans to any country in the world.
- 2It grants loans only to developing countries.
- 3It grants loans only to its member countries.✓
- 4It grants loans directly to the commercial banks of a country.
Correct answer
It grants loans only to its member countries.
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