According to Oatley,which of the Following Was Not a Reason

question 25

Multiple Choice

According to Oatley,which of the following was not a reason that induced developing governments to embark on economic reform in the 1990s?

• A) Altered power of previously favored interest groups
• B) The Brady plan
• C) Long-run costs would be offset by short-term gains
• D) Latin American recognition of the East Asian model's successes
• E) Commercial banks would be the primary beneficiary of reform

---

Definitions:

State-of-the-Art Equipment

The most advanced and modern tools or machinery available in a field or industry.

Factoring Accounts Receivable

The financial practice of selling a business's invoices to a third party to secure immediate cash flow.

SBA Loans

Loans backed by the Small Business Administration designed to help small businesses get started, expand, or recover.

7(a) Program

A U.S. Small Business Administration (SBA) loan program designed to provide financial assistance to small businesses.