Top Posters
Since Sunday
j
4
m
4
4
n
3
m
3
R
3
V
3
e
3
w
3
j
3
a
3
a
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Cheewy Cheewy
wrote...
Go to Answer
Posts: 378
Rep: 0 0
6 years ago
Why did so many LDCs take out large loans in the 1970s and 1980s?
A) The IMF capped interest rates on loans to LDCs at 1%
B) They expected their economies to improve in the coming years.
C) Most of them experienced natural catastrophes and needed money to rebuild.
D) The United Nations encouraged LDCs to take these loans.
E) All of the above
Textbook 
The World Economy: Resources, Location, Trade and Development

The World Economy: Resources, Location, Trade and Development


Edition: 5th
Authors:
Read 50 times
1 Reply
Replies
Answer verified by a subject expert
entergeozaxentergeozax
wrote...
#1
Top Poster
Posts: 825
Rep: 15 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Cheewy Author
wrote...

6 years ago
Thanks for your help!!
my2redeyes
wrote...

Yesterday
Helped a lot
GeorgeNeist
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  817 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 932
  
 4482
  
 316