Advanced Placement (AP), 26.03.2021 18:00 whocares1234
Loans from international development banks can be detrimental to developing countries because
debt often exceeds annual national income.
loans undermine financial stability.
competing interests undermine political stability.
loans promote waste and corruption.
domestic banks may fail without loans.
Answers: 2
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Loans from international development banks can be detrimental to developing countries because
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