The adverse selection problem in international investment means

A) that those seeking funds for the riskiest projects are those most actively seeking the funds.
B) that the recipients of the funds may use the funds for other than the approved projects.
C) that government officials may demand higher than the usual amount of bribes.
D) those in the highest levels of government are the most dishonest.


A

Economics

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A closed economy refers to an economy in which:

A. a country exports, but does not allow imports. B. all goods are produced and sold domestically. C. intermediate goods are sold domestically. D. all goods are consumed domestically.

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In the long run, a year-long drought that destroys most of the summer's wheat crops causes permanently:

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