The IMF is an agency charged with providing ? A. technical assistance to stock market and financial market problems B. loans for post-World War II reconstructionC. short-term credit for international balance of payments deficits D. bonds denominated in U.S dollars…
Barro and Lee find that ceteris paribus, IMF lending has ? A. negative effect on economic growth during the simultaneous five-year period but has a significantly positive effect on growth in the subsequent five yearsB. no effect on economic growth…
Hollis Chenery and Alan Strout identity three development stages in which growth proceeds at the highest rate permitted by the most limiting factors These factors are ? I- the skill limit II- the savings gap III- the fiscal gap IV-…
An annual summary of country’s international economic and financial transactions is ? A. the capital accountsB. the international balance of payments statements C. the long-term current account D. the trade accounts
I = S + F The equation above states that a country can increase its new capital formation (or investment) through is ? A. own domestic savings and by inflows of capital from abroad B. stock market and fiscal policy…
Aid or official development assistance (ODA) includes ? I- developments grants II- loans with at least 25 percent grant element III- military assistance IV- technical cooperation A. I and II only B. I, II and III onlyC. I, II and…
Japan’s programs ? I- are understaffed politically muddled and administratively complex II- are biased toward Asia III- go primarily to less developed countries in Africa IV- focus on loans and the grant element of aid is low A. I, II…
Which of the following statement is NOT true about OECD aid ? A. During the 1980s OECD countries contributed four fifths of the world’s bilateral official development assistance to LDCs B. In the early 1990s the OECD contributed 98 percent…
Dani Rodrik points out that ? A. an economy more open to foreign trade and investment faces a more inelastic demand for unskilled workers B. employers and consumers can more readily replace domestic workers with foreign workers by investing abroad…