An example of odious debt would be debts on the part of a nation that were incurred by a dictator for the well-being of his family.

Question

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Odious debt refers to debt that is incurred by a government but not used for the benefit of the people. The example given in the statement falls under the definition of odious debt since the debts were incurred for the benefit of the dictator's family, rather than the well-being of the nation or its citizens.

An Example of Odious Debt Would Be Debts on the Part