Which of the Following Statements Is NOT True of the IMF

question 16

Multiple Choice

Which of the following statements is NOT true of the IMF?

• A) The IMF's mandate is to promote international monetary cooperation,exchange stability,and orderly exchange arrangements.
• B) It is an enduring legacy of the Bretton Woods system.
• C) IMF loans usually have to be repaid in one to five years,although payments have been extended in some cases.
• D) Each member country has equal capacity to borrow money from the IMF and equal voting powers.

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Definitions:

Receiver

An individual or entity that is the target or recipient of a message, communication, or signal.

Intended Message

The specific information or emotion that a communicator aims to convey to the recipient.

Interpreted Meaning

The perceived or understood significance of a concept or message based on one's analysis or perspective.

Efficient Communication

The ability to convey messages or information clearly and effectively with minimal waste of time and resources.