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Questions and Answers
Which of the following statements best describes the Multilateral Investment Guarantee Agency (MIGA)?
Which of the following statements best describes the Multilateral Investment Guarantee Agency (MIGA)?
- MIGA is a government agency that promotes foreign direct investment in developed countries.
- MIGA is a non-profit organization that provides loans to developing countries.
- MIGA is a private company that provides insurance for multinational corporations.
- MIGA is a member of the World Bank Group that provides political risk insurance for projects in developing member countries. (correct)
What is the main goal of MIGA?
What is the main goal of MIGA?
- To provide financial support for developing countries.
- To promote foreign direct investment in developed countries.
- To reduce poverty and improve people's lives in developing countries. (correct)
- To provide insurance for multinational corporations.
What types of projects does MIGA provide political risk insurance for?
What types of projects does MIGA provide political risk insurance for?
- Projects in developed countries.
- Projects in any country around the world.
- Projects in developing member countries. (correct)
- Projects related to military or defense.
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