The main purpose of the IMF was to monitor the international fixed exchange rate system and to provide temporary loans to countries suffering balance of payments problems. ... The IMF conditionalities are the often-criticized conditions that the IMF places on foreign governments accepting their loans.
Lodge sabotaged the League covenant by declaring the United States exempt from Article X. He attached reservations, or amendments, to the treaty to this effect. Wilson, bedridden from a debilitating stroke, was unable to accept these changes. He asked Senate Democrats to vote against the Treaty of Versailles unless the Lodge reservations were dropped. Neither side budged, and the treaty went down to defeat.
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The best option from the list would be "<span>a series of failed economic programs," since it was operating under a "command economy"--meaning that government had to "guess" supply and demand. </span>
