

MCQOPTIONS
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1. |
Which of the following statement is Not true ? |
A. | The ratio of debt service to GNP is very good indicator of the debt burden |
B. | Many large LDC debtors borrowed heavily because of their excellent international credit ratings |
C. | Middle income countries account for almost four-fifths of the total outstanding debt of all LDCs |
D. | The debt-burden of sub Saharan African countries may be as heavy as for middle income countries |
Answer» B. Many large LDC debtors borrowed heavily because of their excellent international credit ratings | |