Author Question: Describe the technology transfer benefit of capital flows into low-income countries. What will be ... (Read 45 times)

jc611 · **on:** Jun 30, 2018

Describe the technology transfer benefit of capital flows into low-income countries.

What will be an ideal response?

Question 2

The international institution that serves as a lender of last resort is called the

A) IBRD.
B) WTO.
C) IMF.
D) World Bank.

tuate · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

Benefits include new technologies, new management techniques, and new ideas. Developing countries often lack access to these without outside help. If it comes as direct investment, it has the further benefit of not coming from debt and requiring interest payments from scarce national resources.

Answer to Question 2

C