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(VUNESP) The IFC:
has already diminished foreign exchange risk.
has longer loan terms than the private banks.
confirms that reduced liquidity is good for developing countries.
needs Brazil more now than two years ago.
(VUNESP) Bernard Pasquier:
directs the World Bank.
will be IFC´s CFO (Chief Financial Officer).
will take office in Brazil Argentina next September.
is the future IFC´s director for Latin America Caribbean.
(VUNESP) The International Finance Corporation:
is located in Latin America Caribbean.
works exclusively with Argentina Brazil.
controls the World Bank activities.
will step up foreign currency loans to private banks.
(VUNESP) "IFC may soon step up loans in Brazil" means that IFC.
can increase loans in Brazil.
reduced investments in Brazil.
surely will give advancement to Brazil.
will keep track of the loans in Brazil.
(VUNESP) According to the Chart "Loans to Brazil", choose the correct assertion.
Food agribusiness got the least.
Chemical petrochemical products got less than the mining sector.
Cement construction material got the same as vehicles autoparts.
Wood, paper pulp got half the amount food agribusiness did.
(VUNESP) IFC´s first beneficiary is:
Brazil.
Argentina.
Caribbean.
Latin America.
(VUNESP) Read the following passage the paragraph 4 in the text: "When most people leave the market, that´s when our appetite grows. Brazil will continue to be one of our priorities." The word "our" refers to:
IFC.
Pasquier.
priorities.
appetite.
(VUNESP) By June 2000 IFC´s loans to Brazil:
had a total of $182.7 million.
concentrated in private banking.
had an unpaid total of $1.217 billion.
were less competitive than in private banks.
(VUNESP) The word "However" in "However, Pasquier says the IFC could step up financing in times this" (paragraph 4)can, without changing its meaning, be substituted for:
Therefore.
Because.
For example.
In spite of this.
(VUNESP) According to the text, one of the two main factors that diminished investments in developing countries is:
the foreign exchange risk.
the limit for Brazilian exposure.
that most people are leaving the market.
that private banks ceased investments.
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