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Which of the following international organizati... - WAEC Economics 2016 Question

Which of the following international organizations is concerned with the stabilization of the balance of payments? the

A
International Monetary Fund (IMF)
B
World Bank (IBRD)
C
United Nations Organization (UNO)
D
Economic Commission for Africa (ECA)
correct option: a

Balance of payments policies; The policies include devaluation, demand management, and controls of various types, all of which have frequently featured in International Monetary Fund (IMF) programmes, either in terms of their encouragement or discouragement.

 

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