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In the 1980s Many Developing Countries Were Allowed to Reschedule

Question 7

Multiple Choice

In the 1980s many developing countries were allowed to reschedule their existing debt payments.These rescheduling agreements


A) forgave some debt.
B) reduced interest payments on the debt.
C) reduced interest rates on the debt.
D) required prior approval by the IMF on the content of the stabilization package.
E) reduced the number of years allowed for repayment of the debt.

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