MCQOPTIONS
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| 1. |
When the world Bank or IMF requires improved external balance in the short run the agency may condition its loan on expenditure switching that is ? |
| A. | switching spending from domestic to foreign sources |
| B. | devaluing local currencies |
| C. | increase trade restrictions by imposing quota |
| D. | increase government spending |
| Answer» C. increase trade restrictions by imposing quota | |