Since Foreign Credit Dries Up in Crises When It Is

question 61

Multiple Choice

Since foreign credit dries up in crises when it is most needed, developing countries can protect themselves from default by

• A) cutting off imports of goods.
• B) allowing the exchange rate to float.
• C) using equity finance only.
• D) accumulating high levels of international reserves.
• E) avoiding the international capital market.

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Definitions:

Risk Modification

The process of implementing strategies to reduce or manage risk, often used in public health and clinical contexts.

Physical Environment

The surroundings or conditions in which a person, animal, or plant lives or operates, encompassing both natural and human-made conditions.

Conceptualizations

The process of forming a concept or idea by combining various conceived elements.

Health As Stability

The concept that health represents a state of equilibrium or balance in an individual's physical and emotional aspects.