Which of the following was not a factor contributing to the debt crisis in Latin America?
A) The oil shocks
B) Trade liberalization in many developing countries
C) An increase in global interest rates.
D) A lack of investment opportunities in the developed countries
E) All of the above
Correct Answer:
Verified
Q23: Debt equity swaps may lead to
A)increased foreign
Q24: A typical IMF stabilization package involves
A)erecting barriers
Q25: Exchange of developing country debt (at a
Q26: If the current account is a deficit
Q27: The debt service ratio is the ratio
Q29: The basic transfer is defined as
A)net capital
Q30: The concept of odious debt implies
A)an excessive
Q31: A significant problem of a dual exchange
Q32: The need for exchange controls may arise
Q33: A country with high inflation, rising budget
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