George Osborne speak about IMF money

George Osborne speak about IMF money

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Business, Social Studies

University

Hard

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The video discusses the role of the IMF in assisting countries in financial trouble, highlighting Hungary's potential involvement. It covers Britain's past and possible future contributions, contingent on a strong case from the IMF and commitments from other G20 countries. The importance of the eurozone's financial commitment is emphasized before global contributions are made. It concludes by noting that IMF contributions do not add to national deficits and are typically repaid.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the primary purpose of the IMF as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Which country is currently discussing getting involved with the IMF?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What conditions does Britain require before contributing to the IMF?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What must the eurozone demonstrate before the rest of the world contributes money to the IMF?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How do contributions to the IMF affect a country's deficit according to the text?

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