A country is said to be in debt trap if
A) It has to abide by the conditionality imposed by the International Monetary Fund
B) It is required to borrow money to make interest payments on outstanding loans
C) It has been refused loans or aid by creditors
D) The World Bank charges a very high rate of interest on outstanding as well as new loans
Correct Answer:
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Q7: Which of the following trade policies limits
Q8: Since 1980s which of the following changes
Q9: According to Ricardo, a country will have
Q10: If a country has a linear (downward
Q11: Which of the following is one of
Q12: According to the argument for protection, tariffs
Q13: Which of the following does not form
Q14: Gifts and Relief are
A)Merchandise Payment
B)Service Payment
C)Factory Income
D)Transfer
Q16: The effective rate of protection
A)distinguishes between tariffs
Q17: Which type of tariff is expressly forbidden
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