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During the economic downturn, Korea had to accept financial aid from which organization?

  • IMF

  • World Bank

  • ADB

  • UN

Answer

The answer is the International Monetary Fund (IMF), an international organization headquartered in Washington, D.C., which provides financial assistance to countries facing economic difficulties. During the economic downturn, Korea turned to the IMF for assistance in managing its financial crisis and stabilizing its economy.
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