Which of the following statements is NOT a criticism of the IMF?
A) The IMF's lending may facilitate moral hazard when people and organizations do not have to face the full consequences of their actions.
B) The IMF's "one-size-fits-all" strategy-otherwise known as the "bitter medicine"-may be inappropriate.
C) None of the IMF officials is democratically elected and most of them do not have deep knowledge of the host country.
D) Many countries run immediately to the IMF to fix their financial problems instead of adopting reforms within.

Question

Quizplus · Accepted Answer

The statement in option D is not a criticism of the IMF itself but rather a criticism of the countries that rely on the IMF. The other options are direct criticisms of the IMF's policies and operations.

Which of the Following Statements Is NOT a Criticism of the IMF