Governments in Developing Countries Sometimes Adopt Policies That Retard the Efficient

Multiple Choice

Governments in developing countries sometimes adopt policies that retard the efficient operation of their financial systems.These actions include policies that

A) prevent lenders from foreclosing on borrowers with political clout.
B) nationalize banks and direct credit to politically favored borrowers.
C) make it costly to collect payments and collateral from defaulting debtors.
D) do all of the above.
E) do only A and B of the above.