Which of the following is an example of sovereign lending?
A) The Mexican oil company ceding control of the oil-rich Tehuantepec Basin in exchange for a loan from British Petroleum.
B) The emperor of Japan lending money to the poor.
C) The British Parliament lending money to the British queen.
D) The CEO of Citicorp borrowing money from Citicorp.
E) Citicorp lending money to the Brazilian government.
Correct Answer:
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