Owners of small firms in countries with weak banking systems have to rely on funds from all of the following EXCEPT:
A)their own savings
B)local lenders who charge high interest rates
C)global investors
D)the savings of relatives and friends

Question

Quizplus · Accepted Answer

Owners of small firms in countries with weak banking systems may rely on their own savings, local lenders who charge high interest rates, and the savings of relatives and friends. However, they may not always have access to global investors due to the lack of transparency and legal frameworks in their respective countries. Thus, global investors may not be a reliable source of funding for small firms operating in countries with weak banking systems.

Owners of Small Firms in Countries with Weak Banking Systems