Which of the following statements about external debt is true?
A) The external debt problem represents no threat to the political or social stability of borrowing countries.
B) All external debt issues have finally been solved and all borrowing nations are on repayment schedules that they can meet.
C) While external debt is serious for the countries involved, it affects only a few small countries and, overall, is not a burden for the world economy.
D) None of the above.
Correct Answer:
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