Most Developing Countries Rely on Foreign Financing Because _____

question 70

Multiple Choice

Most developing countries rely on foreign financing because _____

• A) their governments are unstable and run on deficits.
• B) foreign financing is more reliable than domestic investments.
• C) these countries do not generate enough savings to fund investments.
• D) investors do not recognize their potential gains.
• E) foreign financing does not lead to inflation.

---

Definitions:

Personal Income

The total annual income received by an individual from all sources before taxes.

Accounting

The methodical documentation, communication, and examination of a company's financial dealings.

Controller

A senior executive responsible for overseeing the accounting operations and financial reporting of an organization.

Firm

A business organization or entity engaged in commercial, industrial, or professional activities.