Question

Question 371 pts

IMF loan packages often come with a requirement that the borrowing country:

Group of answer choices

Privatize state-owned enterprises by selling them to private companies.

Create incentives for foreign companies to invest.

Adopt austerity policies.

All of the above.

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Question 381 pts

Economic development and poverty reduction are the primary purposes of the

Group of answer choices

IMF

World Bank

WTO

All of the above

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Question 391 pts

As discussed in the lecture material, a major criticism of the IMF and World Bank is that:

Group of answer choices

They are undemocratic.

They are overly generous to countries with corrupt governments.

They allow borrower countries to continue "inefficient" economic policies.

All of the above.

Answer 1

Q-37 :: ANSWER :: (C) Create incentives for foreign companies to invest

=> Explanation ::

When IMF Provide Funds To some Countries They Have To change Their Foreign Policy To Receive Funds According to The IMF Instruction To Attract New Foreign Investment In The Country. So IMF loan packages often come with a requirement that the borrowing country Create incentives for foreign companies to invest

Q-38 :: ANSWER :: (A) IMF

=> Explanation :

IMF Stands For International Monetary Funds. It Established In 1945 And Today There Are 189 Member Countries In The IMF. The Primary Purpose Of IMF Is To Provide Funds and Loans To The Country To Reduced The Poverty And Improve The Economic Development.

Q-39 :: ANSWER :: (A) They are Undemocratic

=> Explanation ::

IMF And World Banks Are Worlds Two larger Funds Provider Organization Which Provide Funds To The Countries For Economic Development. But Their Biggest Criticism Is They Are Undemocratic Because Their Voting Share Is Provided Accordingly The "Economic Openess" Ao Poorer Countries Could Not Get It Who Just Borrow Money From Them.