The IMF and World Bank evoke dissent from civil society for all of the following reasons except…
A) They have typically been the most visible formal symbols of the institutionalized power of global finance.
B) Since the global financial crisis, the IMF has consistently failed to criticize governments it believes have prioritized the austerity solution to imbalances in public finances for purely ideological reasons.
C) They ensure that developing and developed countries alike respect the new reality, in which a systematic transfer of power has occurred, whereby individuals working in private financial institutions have usurped the power traditionally ascribed to governments under systems of representative democracy.
D) Nobody elected the representatives of global finance to make political decisions on behalf of all governments in the world.
Correct Answer:
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Q5: IMF and World Bank conditionalities are so
Q6: What was established in 1995 as a
Q7: When treated as a purely economic phenomenon,
Q8: What organization did John Maynard Keynes propose?
A)
Q9: The GATT…
A) Was created to facilitate the
Q10: International trade and international finance differ because…
A)
Q12: How many members did the WTO have
Q13: The Single Undertaking refers to…
A) The package
Q14: Who are the members of the original
Q15: Evidence suggests that the Chinese yuan is…
A)
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