Question
What is one thing the IMF does, but not the World Bank?(1 point)
Responses
It sells bonds to governments and institutions.
It sells bonds to governments and institutions.
Only poorer countries can borrow money from the IMF.
Only poorer countries can borrow money from the IMF.
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
It sells bonds to governments and institutions.
It sells bonds to governments and institutions.
Only poorer countries can borrow money from the IMF.
Only poorer countries can borrow money from the IMF.
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.**
While both the IMF and the World Bank aim to support countries' economic stability and development, the IMF primarily provides financial assistance to all member countries, whereas the World Bank focuses on long-term development projects, typically for poorer countries.
**Any member country can borrow money from the IMF.**
While both the IMF and the World Bank aim to support countries' economic stability and development, the IMF primarily provides financial assistance to all member countries, whereas the World Bank focuses on long-term development projects, typically for poorer countries.