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Question
Which of the following is true of HIPCs?
A) About 100 nations fall in this category.
B) The average debt burden has never been more than 75 percent of the value of the HIPC's economy.
C) Servicing heavy debt leaves HIPCs with little left to invest in public infrastructure.
D) The annual cost of serving debt consumes about 30 percent of HIPC export earnings.
Answer
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Related questions
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⊚ true
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A) reduce transaction costs between subsidiaries.
B) avail tax credit from governments.
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By pooling cash resources centrally, firms can
A) better handle short-term cash needs of subsidiaries.
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Pooling the cash of all the subsidiaries centrally
A) lowers the interest rate earned.
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B) enables participants to achieve gains from the free flow of investment.
C) allows countries to specialize in the production of goods and services that they can produce most efficiently.
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A) A free trade area
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