Q
Which of the following is Not true about external debt ?
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A
A. External debt accumulates with international balance on goods services and income deficcits
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B
B. When debts are denominated in u.s dollars their appreciation during the 1990s increased the cost of servicing such debts
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C
C. In the 19901s ldcs relied increasingly on aid from dcs
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D
D. International lenders required ldc governments to guarantee private debt
Correct Answer:
C. C. In the 19901s ldcs relied increasingly on aid from dcs
