Question
All of the following are accurate statements about IMF stabilization programs except that they often _____.
include cuts in government spending
provide incentives to increase imports and decrease exports
have a negative impact on the poor in the first few years
cause prices to rise in LDCs
include cuts in government spending
provide incentives to increase imports and decrease exports
have a negative impact on the poor in the first few years
cause prices to rise in LDCs
Answers
GPT-4o mini
The statement that is **not accurate** regarding IMF stabilization programs is:
**"provide incentives to increase imports and decrease exports."**
IMF stabilization programs typically aim to correct balance of payments problems, and often include measures that encourage exports and limit imports to improve a country's foreign exchange position.
**"provide incentives to increase imports and decrease exports."**
IMF stabilization programs typically aim to correct balance of payments problems, and often include measures that encourage exports and limit imports to improve a country's foreign exchange position.