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

Question

Quizplus · Accepted Answer

Third World Countries faced a double bind because they needed to decrease imports and increase exports to pay off debt (A), but reducing imports of technology could hinder growth (B), and expanding exports was challenging due to low commodity prices (D).

How Were Third World Countries' Debt Traps Also a Double