Answer-first summary for fast verification
Answer: The International Monetary Fund (IMF).
The correct answer is **B** because the International Monetary Fund (IMF) was specifically founded to stabilize exchange rates and assist in the reconstruction of the world's international payment system. The WTO (Option A) focuses on regulating cross-border trade relationships, while the IBRD (Option C), part of the World Bank Group, primarily provides loans and grants for post-war reconstruction and development in countries with limited access to international credit markets.
Author: LeetQuiz Editorial Team
Ultimate access to all questions.
Which of the following organizations was established to aid in the stabilization of exchange rates and the reconstruction of the international payment system?
A
The World Trade Organization (WTO).
B
The International Monetary Fund (IMF).
C
The International Bank for Reconstruction and Development (IBRD).
No comments yet.