Which of the following measures to resolve financial crises involves loan commitments to assist a country in getting through a crisis?
A)Debt repudiation
B)Loan amortization
C)A rescue package
D)Debt restructuring

Question

Quizplus · Accepted Answer

A rescue package involves loan commitments to assist a country in getting through a crisis. Debt repudiation involves refusing to pay back existing debt, loan amortization refers to the process of paying off a loan through regular payments, and debt restructuring involves changing the terms of existing debt to make repayment more manageable.

Which of the Following Measures to Resolve Financial Crises Involves