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Question

Which of the following are among the conditions set by the IMF for the loan?


A

Ban of foreign investment

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B

Abolition of subsidy

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C

Open the economy to the private sector

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D

Introduce open trade with the world

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Solution

The correct options are
B

Abolition of subsidy


C

Open the economy to the private sector


D

Introduce open trade with the world


IMF set conditions to ensure that countries don't fall back into a crisis again.


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