Directions: Identify the incorrect sentence or sentences.

A. Dr. Friedman, who is a leader of the laissez faire school, goes further than most other observers, particularly in accusing the Fund of laying the ground for the crisis. B. At the beginning of 1998, the World Bank established a special internal audit committee to examine problems of corruption in its lending policies.
C. The IMF is still reeling under the shock of the barrage of criticism it received over their handling of the Asian Crisis. D. It is not too much to say that had there been no IMF; there would have been no East Asia crisis.