How Did the Original Focus of the IMF Differ from That

question 32

Multiple Choice

How did the original focus of the IMF differ from that of the World Bank?

• A) The IMF provided short-term loans and the World Bank provided long-term loans.
• B) The IMF assisted wealthy nations and the World Bank assisted developing nations.
• C) The IMF gave grants to developing countries and the World Bank made loans.
• D) The IMF dealt in North and South America only, and the World Bank dealt with the rest of the world.

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