A) It can lend to any country
B) It lends only to the Central Bank of the Country
C) It lends only to developing countries
D) It lends only to member countries
E) It lends only to developed countries
Correct Answer: D
Solution :
IMF lends to all member countries, but only to meet current international obligations. It lends money only to member countries with payments problems, that is, to countries that do not take in enough foreign currency to pay for what they buy from other countries. [The Dictionary of In. temational Business Terms by Jae K. Shim, Joel G. Siegel]
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