Solved IB ACIO Question
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Q · International Organizationsmedium · 45s
Which international organisation is known as the “Lender of Last Resort”?
TopicInternational Organizations
Question Typemultiple choice
Difficultymedium
Marking+1 / −0.25
Test Duration30 min
Step-by-Step Solution
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The IMF provides emergency loans to countries facing balance-of-payments crises, hence called the lender of last resort.
Final Answer: Option B — IMF