Multiple Choice
The balance of payments constraint refers to the limits on:
A) domestic macroeconomic policy, arising from a shortage of international reserves.
B) currency convertibility observed in most developing countries.
C) macroeconomic policy resulting from IMF conditionality.
D) exchange rate policy imposed by flexible exchange rates.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Developing countries place:<br>A)greater emphasis on both development
Q3: The lack of investment in developing countries
Q4: If political instability and corruption could be
Q5: The expectation of greater inflation resulting from
Q6: Most of the world's population lives in
Q8: In developing countries, government expenditure levels are
Q9: Developing countries, like many developed countries, have
Q10: If government expenditures exceed tax receipts in
Q11: What three ways do developed countries differ
Q12: If central banks could not create money,