Financial Resources and Global Lending Answers

Which of the following statements does not describe microcredit loans? A. Microcredit loans are most common in poor, developing countries. B. The UN estimates that women make up 76% of microcredit customers. C. Microcredit loans are interest-free. D. NGOs around the world currently use microcredit loans. Please select the best answer from the choices provided.

The fundamental facilities and systems serving a country, such as transportation, communication systems, power plants, and schools, are called ___________. A. autonomy B. infrastructure C. economy D. government Please select the best answer from the choices provided.

Oxfam America, Doctors Without Borders, and the Red Cross are examples of __________. A. IRBDs B. IDAs C. NGOs D. IMFs Please select the best answer from the choices provided.

Which of the following statements is false? A. The IMF has over 180 member nations. B. The IMF and the World Bank are considered special agencies of the UN. C. The IMF and the World Bank focus their efforts on promoting world trade. D. The Bretton Woods Conference is the commonly used name for the conference that created the IMF and the World Bank. Please select the best answer from the choices provided.

The International Monetary Fund makes __________ loans to countries based on specific goals and conditions. A. microcredit B. tax-deductible C. installment D. interest-free Please select the best answer from the choices provided.