Two features of the IMF helped build in limited flexibility: IMF lending facilities and adjustable paraties.

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IMF lending facilities provide temporary financial assistance to member countries experiencing balance of payment difficulties, but this assistance comes with conditions that require the country to make economic policy adjustments. Adjustable parities allowed member countries to adjust the exchange rate of their currencies in response to changes in their balance of payments, but these adjustments were limited and required approval from the IMF. Both of these features helped to build in limited flexibility and control for the IMF over member countries' economic policies.

Two Features of the IMF Helped Build in Limited Flexibility