Which of the following describes debt repudiation?
A) Changing the contractual terms of a loan, such as its maturity and interest payments.
B) Direct nationalization of private sector assets.
C) Outright cancellation of all current and future debt obligations.
D) Automatic default of all international loans upon default of any one loan.
E) Debt conversion schemes of debtor countries that signal creditworthiness.
Correct Answer:
Verified
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