Asked by Jesse Francis on Jun 12, 2024
Verified
The __________ established the MIGA to encourage increased investment in developing nations.
A) World Bank
B) Regional Trade Communities
C) United Nations
D) NAFTA
MIGA
The Multilateral Investment Guarantee Agency, an international organization that offers political risk insurance and credit enhancement to investors and lenders.
Developing Nations
Countries with lower levels of socioeconomic development, characterized by lower incomes, less industrialization, and often higher levels of poverty compared to developed countries.
World Bank
A worldwide financial entity that supplies loans and grants to the governments of developing countries to support capital project initiatives.
- Grasp the organizational objectives and mechanisms of international institutions and agreements aimed at fostering economic cooperation and development, such as MIGA, NAFTA, and the Treaty on European Union.
Verified Answer
Learning Objectives
- Grasp the organizational objectives and mechanisms of international institutions and agreements aimed at fostering economic cooperation and development, such as MIGA, NAFTA, and the Treaty on European Union.
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