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The International Monetary Fund (IMF) A. Lends funds at low interest rates to countries with short-term balance of payment problems in exchange for commitments to

The International Monetary Fund (IMF)

A.

Lends funds at low interest rates to countries with short-term balance of payment problems in exchange for commitments to engage in long-term structural reforms.

B.

Recommends that all countries use fixed exchange rates.

C.

Recommends that all countries use floating exchange rates.

D.

Charges developing countries far higher rates than those that developed countries pay on their bonds.

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