Concerning international debt,____ refers to a negotiated reduction in the contractual obligations of the debtor country and includes schemes such as markdowns and write-offs of debt.

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Debt forgiveness, also known as debt relief, is a negotiated reduction in the contractual obligations of the debtor country, often involving markdowns and write-offs of debt. It is a common approach used by international financial institutions to reduce the burden of developing countries that are heavily indebted. Debt-for-debt swap involves the exchange of one type of debt for another, such as converting external debt to domestic debt or to equity. Debt sales refer to the sale of debt instruments to investors, while debt/equity swap involves converting debt to equity.

Concerning International Debt,____ Refers to a Negotiated Reduction in the Contractual