What Consequence Did the Countries in the Global South Experience

question 113

Multiple Choice

What consequence did the countries in the global south experience as a result of international lending agencies imposing SAPs?

• A) an economic growth increase of approximately 2.5 percent per year between 1980 and 1998.
• B) an economic growth increase of approximately 5 percent per year between 1980 and 1998.
• C) no economic growth between 1980 and 1998.
• D) negative economic growth between 1980 and 1998.

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Definitions:

Ending Inventory

The total value of all goods available for sale at the end of an accounting period, calculated to evaluate stock levels and assess cost of goods sold.

Consignor

The party in a consignment agreement that provides goods to another party (consignee) to sell on their behalf, retaining ownership until the goods are sold.

Consignee

The individual or entity to whom goods are shipped and who is responsible for receiving the shipment and completing any customs paperwork.

Ending Inventory

The value of goods that remain unsold at the end of an accounting period.