MCQOPTIONS
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| 1. |
Fundamentalists want the IMF to lend to crisis-stricken countries on condition that they undertake fundamental structural reforms in banking Joseph Stiglitz however thinks it is______________? |
| A. | unrealistic for IMF to intervene in the financial markets of poor countries during the crisis |
| B. | impractical for the IMF to loan short term as reforms can only be effective in the middle to long run |
| C. | crucial that the IMF intervene in the reform of fiscal policy of the country and not the monetary policy |
| D. | None of the statements above is correct |
| Answer» C. crucial that the IMF intervene in the reform of fiscal policy of the country and not the monetary policy | |