Multiple Choice
Which of the following statements about the International Monetary Fund (IMF) is TRUE?
A) The IMF was created to finance long-term economic development projects in poor countries.
B) The IMF was created to reduce tariff barriers between nations.
C) The IMF functions as a central bank that conducts monetary policy for the world economy.
D) The IMF obtains funds from quota subscriptions charged to member countries.
Correct Answer:
Verified
Correct Answer:
Verified
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