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Elena-2011 [213]
3 years ago
6

The International Monetary Fund (IMF) and the World Bank are

Social Studies
1 answer:
dybincka [34]3 years ago
5 0

<u>Answer: </u>

The International Monetary Fund (IMF) and the World Bank are global financial resources.

Option: (D)

<u>Explanation: </u>

  • When a country or a large organization is going through a financial crisis, there are numerous agencies that it can seek financial aid from. The International Monetary Fund and the World Bank are two such agencies that render financial help to countries and large organizations.
  • The financial help dispensed by them is usually in the form of long-term loans that are expected to be returned in a stipulated time-frame with interest.
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