When called in to help with a monetary crisis, the IMF puts the responsibility usually on
A) the lender country.
B) the borrowing country.
C) multinational corporations.
D) the U.S. government.

Question

Quizplus · Accepted Answer

The IMF typically puts the responsibility on the borrowing country when called in to help with a monetary crisis. This is because the borrowing country is the one that has accrued debt and is in need of assistance in managing their finances. The lender country or multinational corporations may also hold a degree of responsibility, but ultimately it is the borrowing country that must address the root causes of the crisis and take actions to alleviate it. The U.S. government may be involved in providing financial support or aid, but they are not typically held responsible for the crisis itself.

When Called in to Help with a Monetary Crisis, the IMF