Policies Supported by the IMF and World Bank to Increase

question 22

Multiple Choice

Policies supported by the IMF and World Bank to increase economic liberalization in less-developed countries are often referred to as the:

• A)Washington Consensus.
• B)Multilateral Accord.
• C)North-South Reform Plan.
• D)Millennium Action Accord.
• E)United Nations Economic Compact.

---

Definitions:

Securities

Financial instruments that represent an ownership position, a creditor relationship, or rights to ownership, such as stocks, bonds, and options.

Conflict of Interest

A situation in which an individual's personal interests could potentially influence or appear to influence their professional judgment or responsibilities.

Shareholders' Meeting

A gathering of a company's shareholders, designed to inform them of the company's performance, elect the board of directors, and make decisions on corporate matters.

Fiduciary Duty

A duty to place a client’s interest above the professional’s own interests.