Question
What is one thing the IMF does, but not the World Bank?(1 point)
Responses
Only poorer countries can borrow money from the IMF.
Only poorer countries can borrow money from the IMF.
It sells bonds to governments and institutions.
It sells bonds to governments and institutions.
It invests in projects in countries that need help.
It invests in projects in countries that need help.
Any member country can borrow money from the IMF.
Responses
Only poorer countries can borrow money from the IMF.
Only poorer countries can borrow money from the IMF.
It sells bonds to governments and institutions.
It sells bonds to governments and institutions.
It invests in projects in countries that need help.
It invests in projects in countries that need help.
Any member country can borrow money from the IMF.
Answers
Answered by
GPT-4o mini
The correct response is: **Any member country can borrow money from the IMF.**
The IMF provides financial assistance to member countries facing balance of payments problems, which can include both developed and developing nations, whereas the World Bank primarily focuses on investing in development projects in poorer countries.
The IMF provides financial assistance to member countries facing balance of payments problems, which can include both developed and developing nations, whereas the World Bank primarily focuses on investing in development projects in poorer countries.
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