In developing countries,borrowing domestically often means borrowing directly from the:
A) World Bank.
B) central bank.
C) the IMF.
D) other nations in the geographic region.

Question

Quizplus · Accepted Answer

In developing countries, borrowing domestically often means borrowing directly from the central bank. This is because the central bank is responsible for managing the country's monetary policy and has the authority to create and issue currency, which can be loaned to the government or private sector. Other options listed such as the World Bank, IMF, or other nations in the geographic region may be sources of external borrowing, but they do not typically lend directly to domestic borrowers.

In Developing Countries,borrowing Domestically Often Means Borrowing Directly from The