In 1990, during the Persian Gulf War, the U.S government extended generous terms to two middle-income countries by canceling or reducing their debt The two countries were ?

Related Mcqs:

Which of the following country did not experience large capital flights from 1976 to 1984 ?

A. Argentina B. Venezuela C. Mexico D. Canada...

Which of the following country did Not suffer from increased poverty from debt and financial crises in the 1990s ?

A. Singapore (1994) B. Mexico (1994) C. Russia (1998) D. Brazil (1998)...

Initial conditions in the year before the crisis in Thailand Indonesia Malaysia the Philippines and Korea in 1997 indicate that ?

i. capital inflows/GDP were very low ii. Nonperforming bank loan ratios were high iii. current account deficits were high iv. credit growth was fast A. I and IV only B. II and III only C. I, II and III only D. II, III and IV only...

Which of the following statement is Not true ?

A. The ratio of debt service to GNP is very good indicator of the debt burden B. Many large LDC debtors borrowed heavily because of their excellent international credit ratings C. Middle income countries account for almost four-fifths of the total outstanding debt of all LDCs D. The debt-burden of sub Saharan African countries may … Which of the following statement is Not true ?Read More...

The Baker plan (1985) stressed _______ and the Brady Plan (1989) emphasized _______ respectively?

A. IMF decentralization; World Bank dissolution B. new loans from multilateral agencies and surplus countries; debt reduction or write-downs C. structural adjustment loans for LDCs experiencing unanticipated external shocks; renewed emphases on macroeconomic stabilization programs D. debt relief for at leas three-fourths of the eligible HIPCs; shorter requirements for adjustment programs...