Which of the following observations about the IMF is true?
A)The collapse of the Bretton Woods system sounded the death knell of the IMF.
B)The IMF has been criticized for not asking the governments that borrowed from it to enact the required macroeconomic policies.
C)The IMF has repeatedly refused to lend money to nations experiencing financial crises.
D)The IMF's activities have expanded because periodic financial crises have continued to hit many economies in the post-Bretton Woods era.

Question

Quizplus · Accepted Answer

The IMF's activities have expanded because periodic financial crises have continued to hit many economies in the post-Bretton Woods era,particularly among the world's developing nations.The IMF has repeatedly lent money to nations experiencing financial crises,requesting in return that the governments enact certain macroeconomic policies.

Which of the Following Observations About the IMF Is True