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Economics
MEDIUM
ENGLISH
Economics
Which of the following is Not true about external debt ?
A
External debt accumulates with international balance on goods services and income deficcits
Option A
B
When debts are denominated in U.S dollars their appreciation during the 1990s increased the cost of servicing such debts
Option B
In the 19901s LDCs relied increasingly on aid from DCs
Correct answer
D
International lenders required LDC governments to guarantee private debt
Option D
Correct answer: C
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