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15 Multiple Choice Antworten
The flow of private foreign investment and grants and loans is included in a country`s
current account
capital account
cash account
None of the above
Debt service payments appear in
the current account
the capital account
the cash account
errors and omissions
A typical IMF (international monetary fund) package involves
erecting barriers against foreign investment
overvaluing the exchange rate
liberalization of exchange controls
all of the above
The need for exchange controls may arise from
overvalued exchange rates
export promotion policies
a current account surplus
all of the above
Which of the following was not a factor contributing to the debt crisis in Latin America?
The oil shocks
Trade liberalization in many developing countries
An increase in global interest rates
A lack of investment oppurtunities in the developed countries
All of the above
Special Drawing Right are financial assets created by
the Wold Bank
the United Nations Development Program
multinational corporations
the International Monetary Fund
Debt equity swaps may lead to
Increased foreign ownership
graeter domestic inflation
lower debt servicing requirements
all of the above
non of the above
A signigicant problem of a dual exchange rate system is that it
is difficult to administer
leads companies to pursue rent-seeking behavior
promotes black markets
All of th above
None of the above
