Which of the Following Is Correct

question 51

Multiple Choice

Which of the following is correct?

• A) Private international borrowing and lending are heavily restricted by the governments of developing countries.
• B) Poor countries generate enough savings to fund an adequate level of investment.
• C) Poor countries generate enough savings to fund investments.
• D) In some developing countries, different exchange rates apply to different categories of transactions.
• E) In some developing countries, local currency is not easily convertible into other currencies.

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Definitions:

Specified Price

A determined cost set for a product or service, agreed upon by the seller and the buyer.

Rule 506

A provision of the Securities Act that allows companies to raise unlimited capital through private placements without extensive registration with the SEC.

Regulation D

A set of SEC regulations offering exemptions from the registration requirements for certain private placements of securities.

Securities Act of 1933

A U.S. law enacted to regulate the offer and sale of securities, primarily aimed at preventing deceit, misrepresentations, and other fraud in the securities industry.