_____ Became the First Nation to Borrow from the IMF

question 88

Short Answer

_____ became the first nation to borrow from the IMF.

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Definitions:

General Environment

The broad external conditions that affect organizations and their operations, including economic, legal, political, social, and technological factors.

Uncertainty and Volatility

Conditions characterized by unpredictable changes and a lack of stability, often referring to economic or financial markets.

Mechanistic

Describing an organizational structure that is highly formal, rigid, and bureaucratic, focusing on hierarchy, defined roles, and rules.

Organic Form

An organizational structure characterized by flexibility, decentralized decision-making, and a lack of formal procedures and hierarchies, often adapting quickly to environmental changes.