Concept:After World War II, global institutions were created to handle international financial and trade imbalances.
Explanation:The end of the world wars left many countries facing serious balance of payments deficits and trade problems.
These issues were worsened by unstable exchange rates and large international debts.
The International Monetary Fund (IMF) was established to solve such problems.
It promotes international monetary cooperation and exchange rate stability.
The IMF also gives short-term financial assistance to member countries experiencing temporary balance of payments difficulties.
This support helps countries stabilize their economies without using harmful trade restrictions.
Answer:B. International Monetary Fund.