Business Question

Written AssignmentRead and review information related to the International Monetary Fund (IMF) in the textbook. Also, review additional information on the IMF found on www.imf.org. After reviewing the IMF, read and complete the questions (10-5 & 10-6 found in the Ethical Challenge section).Written Work RequirementsAll graded assignments must be typewritten, as designated by the professor of record for the course.All referenced materials must be presented according to the Publication Manual of the American Psychological Association (APA) based on the most current published edition. (current, 7th edition). All written and graded assignments are considered the property of the College of Adult and Professional Studies and should be returned to the appropriate professor of record for the related course.You are the chair of an IMF task force. Your job is to reevaluate the policy of bailing out national governments that suffer major losses in the private sector in the name of protecting the value of the currency. Taxpayers in industrial countries typically foot the bill for IMF activities, with loans typically running into the many billions of dollars. Some critics call this system a kind of “remnant socialism” that rescues financial institutions and investors from their own mistakes with taxpayer money. Financial crises often originate as private-sector affairs, but then central banks step in and pledge foreign exchange reserves to shore up the currency.