International Borrowing and Institutions (Edexcel A-Level Economics A): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are multilateral institutions in the context of international development?
What are multilateral institutions in the context of international development?
Organisations of multiple countries pooling resources
What do concessional terms refer to in international lending?
What do concessional terms refer to in international lending?
Loan conditions more favourable than commercial markets
When did the international debt crisis first emerge?
When did the international debt crisis first emerge?
Early 1980s
What percentage of export earnings did Uganda spend on debt servicing in 1990?
What percentage of export earnings did Uganda spend on debt servicing in 1990?
More than 80%
How much did oil prices increase during the 1973-74 oil crisis?
How much did oil prices increase during the 1973-74 oil crisis?
Quadrupled
When was the Bretton Woods conference held that established key international financial institutions?
When was the Bretton Woods conference held that established key international financial institutions?
1945
What is the primary distinction between the IMF and World Bank?
What is the primary distinction between the IMF and World Bank?
IMF: short-term support; World Bank: long-term projects
When was the HIPC Initiative first launched?
When was the HIPC Initiative first launched?
1995
Who articulated the Washington Consensus in 1989?
Who articulated the Washington Consensus in 1989?
John Williamson
What approach do NGOs typically emphasise in their development projects?
What approach do NGOs typically emphasise in their development projects?
Local-level focus and self-help sustainability