A feature of debt markets in emerging-market countries is that debt contracts are typically
A)very short term.
B)long term.
C)intermediate term.
D)perpetual.

Question

Quizplus · Accepted Answer

Debt markets in emerging-market countries often feature very short-term debt contracts. This is because of the higher perceived risk in these markets, which makes both lenders and borrowers cautious about committing to longer-term obligations.

A Feature of Debt Markets in Emerging-Market Countries Is That