Solved

How Were Third World Countries' Debt Traps Also a Double

Question 22

Multiple Choice

How were Third World Countries' debt traps also a double bind?


A) To pay off debt, they had to decrease imports and increase exports
B) Reducing imports of technology jeopardized growth
C) More debt would decrease interest rates
D) Expanding exports was difficult because commodity prices were low

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents