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The Country of Ghathan Has Been in Serious Foreign Debt

Question 30

Multiple Choice

The country of Ghathan has been in serious foreign debt for quite some time. It has large amounts of debt denominated in dollars, euros, and pounds. In the given scenario, the government of Ghathan is most likely to:


A) consider overvaluing the national currency.
B) make its exports cheaper.
C) reduce purchase of foreign goods.
D) stop employment drives in the manufacturing sector.

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