Concept:The primary international body that helps countries correct balance of payments imbalances is the International Monetary Fund.
Explanation:The balance of payments records a country’s transactions with the rest of the world.
A deficit or surplus in this account can create economic instability.
The IMF provides loans and policy guidance to stabilize currencies and restore balance of payments equilibrium.
The World Bank mainly supports long-term development projects.
The UNO deals with broad global peace and cooperation issues.
The ECA focuses on African regional economic development.
Only the IMF directly manages balance of payments stabilization programs.
Answer:A. International Monetary Fund (IMF)