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IMF Meeting 2011
Quiz: CNBC Quiz: IMF and The World Bank
Question 2 of 10
In 1994, the IMF participated in a U.S.-led bailout of Mexico following the collapse of the peso. How much was the package worth?
- $20 billion
- $30 billion
- $40 billion
- $50 billion
Correct!
Mexico received $50 billion in total, which included a $17.7 billion short-term credit facility from the IMF.
Source: CNBC and IMF
