Which of the Following Observations About the International Monetary Fund

question 85

Multiple Choice

Which of the following observations about the International Monetary Fund (IMF) is true?

• A) With the collapse of the Bretton Woods system, the membership of the IMF has reduced.
• B) The IMF has been criticized for granting loans to the governments without enacting any macroeconomic policies.
• C) The IMF has refused to lend money to troubled economies 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.
• E) Under the International Development Association scheme, the IMF offers long-term loans to governments of underdeveloped nations whose credit rating is poor.

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