A country is said to be a debt trap if – McqOptions

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1.	A country is said to be a debt trap if
A.	It has to borrow to make interst payments on outstanding loans
B.	It has to borrow to make interest payments on to standing loans
C.	it has to been refused loans or aid by creditors abroad
D.	the World Bank charges a very high rate of interest on outstanding as well as new loans
Answer» C. it has to been refused loans or aid by creditors abroad

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