Developing countries continue to draw on foreign capital because they do not understand that the political dangers outweigh the economic benefits.

Question

Quizplus · Accepted Answer

This statement is not entirely accurate. Developing countries may understand that there are political dangers associated with foreign capital, but they may prioritize the short-term economic benefits over the potential long-term risks. Additionally, some developing countries may not have alternative sources of capital to fund their economic growth and development.

Developing Countries Continue to Draw on Foreign Capital Because They