A country can be said to be in debt trap if – McqOptions

MCQOPTIONS

1.	A country can be said to be in debt trap if
A.	It has to comply with the conditions laid down by the International Monetary Fund.
B.	He has to take a loan to pay interest on the outstanding loan.
C.	Foreign creditors have refused him credit or assistance
D.	The World Bank charges very high rates of interest on outstanding loans as well as on new loans.
Answer» C. Foreign creditors have refused him credit or assistance

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