Which of the Following Is a Recommended Policy for Industrially

question 188

Multiple Choice

Which of the following is a recommended policy for industrially advanced countries to adopt in order to foster economic growth in DVCs?

• A)admitting more temporary workers from DVCs
• B)reducing the amount of debt relief for DVCs to make them less dependent
• C)eliminating loans from the World Bank because it encourages bureaucracy
• D)eliminating financial control of central banks where they have been established

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Definitions:

Adjusted Trial Balance

A trial balance that reflects account balances after adjusting entries have been made for accruals, deferrals, and other financial events.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Current Liabilities

Obligations or debts that a company is expected to pay within one year or within its operating cycle.

Current Assets

Items that are projected to be turned into cash, disposed of, or used up within twelve months or the usual business operational cycle.