The International Development Association was established to promote economic development:
A) in Asia through grants to businesses.
B) by providing nonsubsidized loans (at market interest rates) to governments and their agencies.
C) by providing low-interest-rate loans (below-market rates) to poor nations.
D) through the private sector by providing loans to corporations and investing in their stock.
Correct Answer:
Verified
Q62: Recently, the U.S. experienced an annual balance
Q63: Which of the following is not a
Q64: Assume the United States has a balance-of-trade
Q65: Which of the following countries purchases the
Q66: The International Finance Corporation was established to
Q68: If the home currency begins to appreciate
Q69: The "J-curve" effect describes:
A) the continuous long-term
Q70: The World Bank's Multilateral Investment Guarantee Agency
Q71: The World Bank was established to reduce
Q72: The _, an accord among 117 nations,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents