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Chapter 14: Developing Countries and International Finance I: The Latin American Debt Crisis Multiple Choice Questions 1. According to research cited by Oatley, many studies have found that one dollar of additional foreign capital in a developing country produces additional investment of a) fifty cents. b) seventy-five cents. c) one dollar. d) two dollars. e) three dollars. Answer: c 2. In 2020, the advanced industrial countries together provided bilateral assistance to developing countries in the amount of a) $33 billion. b) $63 billion. c) $101 billion. d) $114 billion. e) $163 billion. Answer: d 3. In 2020, the World Bank and other multilateral development agencies provided an additional development assistance of a) $57 billion. b) $47 billion. c) $71 billion. d) $81 billion. e) $91 billion. Answer: b 4. Of the following countries, which is the least generous in providing foreign aid as a percentage of its national income? a) United States b) Japan c) Germany d) France e) United Kingdom
