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WAEC Economics 2016 Objective — Question 50

Question 50 of 50 from the West African Examinations Council (WAEC) Economics 2016 Objective paper, with the correct answer and a full explanation.

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Which of the following international organizations is concerned with the stabilization of the balance of payments? The

  • A. International Monetary Fund (IMF)Correct
  • B. World bank (IBRD)
  • C. United Nations Organisation (UNO)
  • D. Economic Commission for Africa (ECA)

Explanation

One of the functions of IMF is to help finance balance of payments problems.

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