Project Finance Is Extensively Used in Developing Countries to Finance

question 22

Multiple Choice

Project finance is extensively used in developing countries to finance:

• A) Power projects
• B) Telecommunications projects
• C) Transportation projects
• D) All of the above

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Definitions:

Best Use

Optimal allocation or application of resources to maximize efficiency or value.

Positive Statement

An objective statement based on factual information or data that can be tested or rejected through observation.

Normative Statement

A value-based statement that expresses an opinion about what ought to be rather than what is factual.

Oil Refineries

Facilities where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, and heating oil.