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WAEC Commerce 2005 Question 28

Question 28

Economic Integration

Which of the following organizations aim at providing relief for countries facing adverse balance of payment?

  1. A.A.C.P.
  2. B.G.A.T.T.
  3. C.U.N.C.T.A.D
  4. D.I.M.F.
Show the answer and explanation

Answer: D (I.M.F.)

Explanation

The IMF lends to countries with balance of payments problems.