Refer to the scenario above. Which country is likely to have the highest Human Development Index?

Standby letters of credit

A) are a form of swaps. B) are a promise by a bank to lend the borrower funds to pay off its maturing commercial paper. C) are a promise by a large depositor to provide additional funds to a bank should the bank face an unexpectedly large deposit outflow. D) represent the unused balance on a bank credit card.

Creating conditions for fair trade by limiting imports will make the domestic consumers better off, as they will be required to pay low prices for the products

a. True b. False Indicate whether the statement is true or false