Which of the following is true of the International Monetary Fund?

A) It provides heavily subsidized loans to poor governments in an effort to help them build infrastructure such as roads, the private sector, and public utilities.
B) It ensures that international trade runs freely and fairly between countries and that member nations impose the minimal number of restrictions on each other.
C) It audits national trade policies, oversees trade agreements, and helps developing countries create trade policy.
D) It is often considered a "lender of last resort" to nations whose economies are in trouble and whose currencies are losing value.

International Monetary Fund

The International Monetary Fund (IMF) is an international organization working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

Lender of Last Resort

An institution, typically a country's central bank, that offers loans to banks or other financial institutions that are experiencing financial difficulty or are considered 'too big to fail'.

Subsidized Loans

Loans offered with financial support from a government or organization, often featuring lower interest rates or favorable terms.