What was the effect of the Marshall Plan? Multiple Choice The United States lent money directly to European nations to help them rebuild their economies. Member countries of the International Monetary Fund were free to engage in competitive currency devaluations. The World Bank lent funds to reconstruct the war-torn economies of Europe. The United States lent money to third-world nations to support their public-sector projects. The World Bank lent money to the International Monetary Fund so that it could finance deficit-laden countries.