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As a Result of Its Power to Dictate Loan Terms

question 117

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As a result of its power to dictate loan terms to borrowing countries (under the Bretton Woods system) ,the IMF could encourage ________ countries to pursue ________ monetary policies that would strengthen their currency or eliminate their balance of payments deficits.


Definitions:

Desensitizing

The process of reducing or eliminating an emotional response, typically fear or anxiety, to a stimulus through repeated exposure to that stimulus.

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Innovative technologies

Advanced or novel technologies that offer new methods, ideas, or products, often leading to significant changes in society or industry.

Citizen Services

Services provided by the government to its citizens aimed at ensuring their welfare, safety, and rights are maintained.

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