Statement I: the International Monetary Fund (IMF)was Set Up to Promote

Multiple Choice

Statement I: The International Monetary Fund (IMF) was set up to promote free trade,free market style economies around the world.
Statement II: The World Bank was created in 1944 for the purpose of making long-term,low-interest loans to developing countries,mainly to build highways,bridges,dams,power generators,and water supply systems.

A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.