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What Is Debt Forgiveness

Question 16

Multiple Choice

What is debt forgiveness?


A) Capital-rich countries giving debt financing breaks to multinational corporations.
B) Forgiving loans made to poor nations who can no longer afford them.
C) Giving World Bank assistance to nations that require it.
D) Removing the conditionalities attached to International Monetary Fund loans.
E) Permitting multinational companies to invest in countries that have substantial foreign debts.

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