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:

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences through study, experience, or teaching.

Behaviour

The actions, reactions, or conduct of an organism, often in response to its environment or stimuli.

Experience

The knowledge or skill acquired by a person through direct observation or participation in events or activities.

Unconditioned Stimulus

A stimulus that automatically triggers a response without any need for prior conditioning.