External Financing by ________ Should Be More Important in Developing

question 1

Multiple Choice

External financing by ________ should be more important in developing countries than in industrialized countries because information about private firms is more difficult to collect in developing countries.

• A)financial intermediaries
• B)bonds
• C)stock
• D)direct lending

---

Definitions:

University of Chicago

A prestigious private research university located in Chicago, Illinois, known for its rigorous academic programs and contributions to various fields.

African-American Woman

An individual of female gender who identifies herself as having cultural, ancestral, or racial ties to African American heritage.

Ph.D. In Psychology

A doctoral degree that represents the highest level of education in the field of psychology, focusing on research, theory, and clinical practice.

University of Minnesota

A public research university located in Minneapolis and St. Paul, Minnesota, known for its high-quality education and research programs.