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Economics
MEDIUM
ENGLISH
Economics
Which of the following statement is Not true ?
The ratio of debt service to GNP is very good indicator of the debt burden
Correct answer
B
Many large LDC debtors borrowed heavily because of their excellent international credit ratings
Option B
C
Middle income countries account for almost four-fifths of the total outstanding debt of all LDCs
Option C
D
The debt-burden of sub Saharan African countries may be as heavy as for middle income countries
Option D
Correct answer: A
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