Attempts to promote South-South trade have been primarily __________.
A) impractical
B) effective
C) conducted among Middle Eastern countries
D) conducted among newly democratized countries
Unlike commercial loans, government-to-government development loans are often made on __________ terms, with long repayment times and low interest rates.
A) inflationary
B) concessionary
C) unfair
D) righteous
How is a default an example of a drastic action, economically speaking? Because it __________.
A) bolsters lenders' confidence, but results in cutoff of future loans
B) obliterates lenders' confidence, but results in future loans
C) obliterates lenders' confidence and results in cutoff of future loans
D) bolsters lenders' confidence and results in future loans
Which of the following is a consideration of MNCs when deciding to invest in a foreign country?
A) Brain drain
B) Unfavorable regulatory environment
C) Financial stability
D) Ideology of the ruling government party
Which of the following is a proposal made by the South under the New International Economic Order?
A) Promotion of industrialization in the global North
B) Shifting the terms of trade to favor commodities relative to natural resources
C) Following the same development path as the North
D) Increased development assistance from the North
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