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- Subject
- The External Debt and Financial Criseseconomics-mcqs › the-external-debt-and-financial-crises
- Published
- 27 May 2019
- Last updated
- 28 May 2026
Following 1979, the World Bank began offering loans that focused on reforms in areas such as trade, agriculture, industry, public enterprises, finance, energy, and education. What were these loans called?
Multiple choice question for The External Debt and Financial Crises. Select an option, then review the explanation below.
Explanation
The World Bank introduced sectoral adjustment loans after 1979 to support reforms targeting specific sectors like trade, agriculture, and education. These loans aimed to promote improvements within particular areas of a country's economy.
More The External Debt and Financial Crises MCQs
Practice related questions from the same subject.
- 1.What were the primary focuses of the Baker Plan (1985) and the Brady Plan (1989), respectively?
- 2.Which of the following statements is incorrect?
- 3.Which of the following conditions were present in Thailand, Indonesia, Malaysia, the Philippines, and Korea during the year before the 1997 financial crisis?
- 4.Which nation was not considered a significant debtor among less developed countries (LDCs) in 2001?
- 5.What does the debt-service ratio represent?