Assisting members to solve temporary balance of payments ...
Assisting members to solve temporary balance of payments problems is the reasons for the establishment of the
International Monetary Fund
Economic Commission for Africa
World Bank
African Development Bank
Correct answer is A
The IMF is an international organization that was founded in 1944. Its main goal is to promote international monetary cooperation and facilitate international trade. The IMF does this by providing loans to countries that are experiencing balance of payments problems.
A balance of payments problem occurs when a country's imports exceed its exports. This can lead to a shortage of foreign currency, which can make it difficult for the country to pay for imports. The IMF can provide loans to countries with balance of payments problems to help them to cover their import shortfalls and stabilize their currencies.
A major obstacle to rapid agricultural development in Nigeria is the ...
Industry can simply be defined as ...
Which of the following is not true about land? ...
One of the major advantages of specialization is that ...
The central bank controls commercial banks through all the following measures except ...
Which of the following can be used to measure the Gross National product in an open economy? ...
The final stage in the production process of any commodity involves its movement from the ...
The decision to consume more of one product under normal circumstances will apply ...
Which of the following methods is most likely to lead an economy? ...