Which of the following is true of the International Monetary Fund (IMF)?
A. It consists of representatives from all states located in the United States.
B. It is funded by the Superfund of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA).
C. It promotes sound monetary, fiscal, and macroeconomic policies worldwide by providing assistance to poor countries.
D. It provides one-time grants to needy countries with no terms or conditions attached to the assistance.
Answer: C
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