Which of the following is FALSE about the International Monetary Fund (IMF) ?
A) The IMF was created after the Bretton Woods Conference to help to maintain the international fixed exchange rate system that was introduced.
B) The IMF lends to national governments,initially to maintain the fixed exchange rate system,and today to deal with debt or currency crises.
C) Multinational corporations can get IMF loans if they agree to invest in economies that are internationally perceived as risky and otherwise unlikely to receive direct foreign investment.
D) One of the criticisms of the IMF and other international governmental organizations that deal with the global economy is that their decision making may be biased toward policies that favor industrialized nations.
Correct Answer:
Verified
Q21: The World Bank formed the World Trade
Q24: Which round of GATT first addressed subsidies?
Q36: A free trade agreement plus a common
Q37: The IBRD part of the World Bank
Q42: Which of the following is NOT a
Q42: Because of the recognition internationally of the
Q43: An important function of international institutions during
Q44: If a good or service does not
Q51: Describe the potential benefits and the potential
Q52: Which of the following is FALSE?
A)National sovereignty
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents