When the world Bank or IMF requires improved external balance in the short run the agency may condition its loan on expenditure switching that is ?

A. switching spending from domestic to foreign sources

B. devaluing local currencies

C. increase government spending

D. increase trade restrictions by imposing quota

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.