Why do we need the IMF?
Smoothing the bumps in the flow of foreign exchange

Invest in Existing Industries


Fifty years ago, this was the pride of the country. Some of your existing industries were once competitive, but have grown inefficient over the years. For instance, at Yak's can-opener plant, manufacturing equipment is outdated and often broken, and managers have not been trained well. The workers are paid well, but they can't produce can openers efficiently. So the can openers cost more to produce than they would fetch on the export market.

To upgrade your industries, you must finance the purchase of equipment and training from outside the country with hard currency. But the head of your central bank reminds you that your whole problem is that there isn't enough hard currency.

How will you get the hard currency to upgrade your industries?

Ask rich countries such as Zedland to give it to you.
Try to borrow it from other countries. Work to convince foreign investors to put money into Yak's industries.
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