Which of the following is NOT a criticism of international institutions such as the IMF, the World Bank, or the WTO?
A) They lack openness in their decision-making process.
B) They violate national sovereignty by imposing unwanted domestic policies.
C) They fail to understand the effects of their policies on the vulnerable.
D) Their decision making is biased in favor of underdeveloped nations and against the interests of nations already industrialized.
E) They ignore potentially large adjustment costs for developing nations of implementing their policies.
D
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The above table shows the short-run total product schedule for the campus book store. With which employee do diminishing marginal returns set in?
A) the 9th employee B) the 6th employee C) the 5th employee D) the 2nd employee
Deviations from interest rate parity occur due to
A) transaction costs. B) government controls. C) political risk. D) All of the above.