Home→ Economics Mcqs → Economic Problems of Developing Countries →Debt-re-scheduling is ?

An agreement between a borrower country and the International Monetary Fund in which the country agrees to revamp its economic policies to provide incentives for higher export earnings and lower imports is a ?
Structuralist economists who study developing countries focus their attention on ?
Which of the following is NOT one of the problems facing most developing nations ?
The policy that has been the most successful in increasing agricultural output in developing countries is ?
One of the benefits of putting resources into agricultural projects is that ?
Which of the following factors has been suggest as an explanation for the lack of economic growth in many poor nations ?
Many developing countries instituted import substitution policies because ?
The developed nations have only about 15% of the world’s population, but they are estimated to consume _______ of the world’s output ?
Developing countries, if compared with other countries, have ?
When economists talk about developing countries experiencing flight of capital they mean?
Most of the Third World/Fourth World debt was incurred in ?
When economists say that developing countries have a dualistic economy the 2 parts referred to are ?
The main reason why land reform increase agricultural output is that is ?
Low agricultural productivity in developing countries is mainly caused by ?
Experiences over the last three decades has suggested that in order for economic development to occur, it is necessary for an economy to ?
The idea that suggests that poverty is self-perpetuating because poor nations are unable to save and invest enough to accumulate the capital stock that would help them grow is ?
A policy of developing local industries that can compete with imports is referred to as ?
85% of the world’s population lives in developing countries and receives about _____ of the world’s income?
The term Fourth World has been coined to describe ?
The term Fourth World has been coined to describe ?

Debt-re-scheduling is ?

A. an agreement with the World Bank to turn some of a debt into other forms
B. a change in debt repayment due to inability to pay
C. regular payments of interest and repayments of capital
D. a program of austerity measures agreed with the IMF to make repayment possible

Correct Answer: a change in debt repayment due to inability to pay ✔

Last Updated: June 11, 2019