What Was the "Heavily Indebted Poor Countries Initiative" Designed to Do

question 12

Multiple Choice

What was the "Heavily Indebted Poor Countries Initiative" designed to do?

• A) Cancel unconditionally some of the debts of the poorest countries
• B) Cancel some of the debts of the poorest countries if they implemented structural adjustment programs
• C) Encourage debt repayment by drastically reducing interest rates on loans to extremely poor countries
• D) Provide economic relief to the poorest countries
• E) Draw attention to unjust lending practices

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Definitions:

Phototransistor

A semiconductor device that detects light and converts it into an electrical signal, used in various sensing and light detection applications.

Strain Gauge

A sensor whose resistance varies with applied force; it's used in mechanical engineering to measure strain on an object.

Resistance

A measure of the opposition to the flow of electric current in a conductor, usually quantified in Ohms (Ω).

Reed Switch

An electromagnetic switch used to control the flow of electricity in a circuit, operated by an applied magnetic field.