One of the Usual Policy Changes Included in an IMF

question 4

Multiple Choice

One of the usual policy changes included in an IMF prescription is:

• A)temporary cartels in domestic product markets.
• B)changes in fiscal policy to reduce the government budget deficit.
• C)increased barriers to imports.
• D)decreased regulation of public sector enterprises.

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Definitions:

Permit System

A regulatory process requiring individuals or businesses to obtain authorization before engaging in certain activities or operations.

Ocean Waters

The vast bodies of saltwater that cover approximately 71% of the Earth's surface, comprising the five major oceans.

Civil Penalties

Financial penalties imposed by governmental agencies as punishment for violations of legal requirements or regulations.

Hazardous Waste Regulations

Rules established by environmental agencies that govern the handling, storage, treatment, and disposal of wastes that pose substantial or potential threats to public health or the environment.