Q
Which of the following statement is Not true ?
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A
A. The ratio of debt service to gnp is very good indicator of the debt burden
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B
B. Many large ldc debtors borrowed heavily because of their excellent international credit ratings
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C
C. Middle income countries account for almost four-fifths of the total outstanding debt of all ldcs
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D
D. The debt-burden of sub saharan african countries may be as heavy as for middle income countries
Correct Answer:
A. A. The ratio of debt service to gnp is very good indicator of the debt burden
