Under the International Bank for Reconstruction and Development scheme, the World Bank offers low-interest loans to risky customers whose credit rating is often poor
Indicate whether the statement is true or false.
TRUE
Under the International Bank for Reconstruction and Development (IBRD) scheme, money is raised through bond sales in the international capital market. Borrowers pay what the bank calls a market rate of interest—the bank's cost of funds plus a margin for expenses. This "market" rate is lower than commercial banks' market rate. Under this scheme, the World Bank offers low-interest loans to risky customers whose credit rating is often poor, such as the governments of underdeveloped nations.
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MPR professionals typically perform source filing on the engineering and finance departments, but they should focus more heavily on the firm's executives
Indicate whether the statement is true or false
The goals of the 1972 amendments to the Federal Water Pollution Control Act were to be achieved through a system of ________
A) levying emission charges only B) levying emission charges and marketable discharge permits C) permits and effluent discharge limitations D) direct regulation