Question

Under the policy of conditionality, what can low-income countries borrow on?

a.

Concessional terms

b.

High-interest rates

c.

Fixed exchange rates

d.

Military alliances

Posted under IC 89 Management Accounting

Answer: (a).Concessional terms Explanation:Under the policy of conditionality, low-income countries can borrow on concessional terms, which means a period of time with no interest rates.

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Q. Under the policy of conditionality, what can low-income countries borrow on?
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