When a member’s currency is declared “scarce”, it is the duty of the IMF to______
- suspend the member state indefinitely
- ban all exports from that state
- suspend dealings in that currency for one year
-
ration it among the countries demanding it
The correct answer is: D
Explanation
The clause provided that if the IMF ran out of sticks of a country's currency, this could be declared a "scarce currency", upon which members would be entitled and expected to discriminate against the country's goods in their trade policies.