15. The IMF often requires countries that borrowed from it to introduce policies

Question

15. The IMF often requires countries that borrowed from it to introduce policies that privatize government-owned industries such as telecommunications and power generation. This is an example of A. a balance of payments constraint. B. conditionality, C. limited capital account convertibility. D. infrastructure investment. 16. In comparison to most developed economies, developing countries: A. offer greater currency convertibility. B. offer about the same degree of currency convertibility C. offer more restricted currency convertibility D. sometimes offer higher levels of currency convertibility and sometimes offer lower levels.

Explanation / Answer

15.

the correct option is D

infrastructure investment

16.

the correct option is c

offer more restricted currency convertibily

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