Last year, Gambia received $5 billion in loans from the International Third World Banking Fund (ITWBF), and its Gross National Product (GNP) grew by 5%. This year Gambia has requested twice as much money from the ITWBF, and its leaders expect that Gambia’s GNP will rise by a full 10%. Which of the following, if true, would undermine the expectations of Gambia’s leaders? The large 5% increase of last year is attributable to extraordinary harvests due to unusually good weather conditions. Gambia’s economy is not strong enough to absorb more than $3 billion in outside capital each year. There is no linear relationship between aid and growth.  

Related Topics

• MBM Admission Test 2011 (15th Batch)
• IBA MBA 2009-10
• Evening MBA-DU(29th Batch)
• Executive MBA (IBA)-DU, Aug. 2010
• IBA-MBA-DU, Dec. 2012
• Evening MBA-DU(25th Batch)
• MBM Admission Test 2009(13th Batch)
• IBA-MBA-DU, June 2013
• Evening MBA-DU(17th Batch)
• Evening MBA-DU(21th Batch)
• Evening MBA-DU 2015
• Executive MBA (IBA)-DU, Dec. 2009
• MBM Admission Test-2010 (14th Batch)
• MBM Admission Test 2001-02(6th Batch)
• Evening MBA-DU(28th Batch)
• Evening MBA-DU(23th Batch)
• Evening MBA-DU(22th Batch)
• Evening MBA-DU(24th Batch)
• Evening MBA-DU(18th Batch)
• Executive MBA (IBA)-DU, Apr. 2010