One Reason Financial Systems in Developing and Transition Countries Are

question 51

Multiple Choice

One reason financial systems in developing and transition countries are underdeveloped is

• A)they have weak links to their governments.
• B)they make loans only to nonprofit entities.
• C)the legal system may be poor making it difficult to enforce restrictive covenants.
• D)the accounting standards are too stringent for the banks to meet.

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Definitions:

Procreative Beneficence

The ethical view that when making reproductive decisions, one should choose the options that are likely to result in the child who will have the best life.

Reproducers

Individuals or entities that engage in the process of producing offspring or copies of something.

Embryonic Stem Cells

Cells derived from early-stage human embryos with the potential to develop into many different types of cells in the body, used in medical research.

Genetic Diseases

Disorders caused by abnormalities in an individual's DNA, which can be hereditary or develop during a person’s lifetime.