From 1970 until the early 1980s the creditworthiness of many developing nations was improving because

Question

Quizplus · Accepted Answer

The option D is correct because the rising commodity prices and low real interest rates during the period from 1970 to the early 1980s improved the creditworthiness of developing nations. The increase in commodity prices allowed these countries to generate more revenue from their commodity exports, which in turn enabled them to meet their repayment obligations. The decline in real interest rates made it easier for these countries to access borrowing at lower rates, thus improving their creditworthiness. Options A, B, and C are all incorrect as they do not reflect the key factors that impacted the creditworthiness of developing nations during this period.

From 1970 Until the Early 1980s the Creditworthiness of Many