What does the IMF stand for?

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International Military Force

International Monetary Fund

Indian Monetary Fund

Indian Monetary Force

answer is B.

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Detailed Solution

IMF stand for International Monetary Fund (IMF. It is to address the balances of its member states and their deficits. The World Bank for Reconstruction and Development (abbreviated as "World Bank") was established to fund post-war reconstruction. The IMF and the World Bank are known as Bretton Woods institutions or twins in Bretton Woods. The Bretton Woods program is another name for the post-war international economic plan. In 1947, the IMF and the World Bank began financial services. Western industrial power regulates decision-making in these institutions. The United States has successfully vetoed important IMF and World Bank decisions.

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