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Which of the Following Has Not Been Raised as a Criticism

Question 18

Multiple Choice

Which of the following has not been raised as a criticism of IMF lending?


A) It creates moral hazard among investors by protecting them from losses
B) The conditions imposed on recipient governments often go unfulfilled
C) The default rates are quite high
D) Recipient countries recover somewhat more slowly than non-recipients
E) The loans have become so large that the IMF may need to increase its own capital reserves

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