In the 1990s, the International Debt Problem Was Greatly Reduced

question 8

Multiple Choice

In the 1990s, the international debt problem was greatly reduced by:

• A) equilibrium accounting.
• B) debt restructuring.
• C) military intervention.
• D) widespread refusal to pay interest on all debt.

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Definitions:

Political Risk

The risk of loss due to political instability or changes in government policy that can affect investments and business operations.

Governmental Actions

Decisions or interventions by government agencies that can affect the economy, businesses, and various segments of society.