Author Question: The S-curve is used to illustrate a. the typical path taken by the current account over time. b. ... (Read 59 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
The S-curve is used to illustrate
 
  a. the typical path taken by the current account over time.
  b. economic fluctuations in the economy.
  c. the typical growth path of a developing economy.
  d. the existence of multiple equilibria.

Question 2

Although Africa's debt/GNP ratio is larger than Latin America's, the debt-service burden is lighter. Explain this and relate it to changes in the nature of development lending in the 1970s.
 
  What will be an ideal response?



jessicaduplan

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

D

Answer to Question 2

The key issue is Africa's continued reliance on lower-interest aid, while development of the Euromarket led Latin American countries to seek higher-interest loans that did not come with aid-type restrictions.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library