3) Choose a developing country, and by this I mean a country that is less developed than many of the highly-developed countries in the world. (Gross domestic product per capita often is one measure to determine how developed a country is.) Assume your developing country is facing a financial crisis, and the type of financial crisis your country is facing is a foreign debt crisisthe countrys government needs money from somewhere.

a) Explain what the International Monetary Fund (IMF) could do to help your country.

b) Now consider a related scenario, this time the focus on the fact that there are many people in poverty in your countryExplain what the World Bank could do to help your country. (When answering these questions, make it clear in your explanation what the IMF and the World Bank do in the global economy, and how they do it.)