Which of the following international organizations is concerned with the stabilization of the balance of payments? the
-
International Monetary Fund (IMF)
- World Bank (IBRD)
- United Nations Organization (UNO)
- Economic Commission for Africa (ECA)
The correct answer is: A
Explanation
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.