An Exchange of Developing Country Debt for an Ownership Position

question 3

Multiple Choice

An exchange of developing country debt for an ownership position in a developing country business is called

• A)IMF conditionality.
• B)indirect investment.
• C)debt-equity swap.
• D)debt-rescheduling.

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Definitions:

Escaped Slaves

Individuals who fled from bondage in search of freedom, notably African Americans escaping the slaveholding Southern states before and during the Civil War.

Secede

To formally withdraw from an organization, union, or nation, often used in the context of states wishing to leave a federal union or country.

Fugitive Slaves

Escaped slaves from a slaveholding state to a free state or territory, often facing danger and hardship in their quest for freedom.

North Star

A prominent star, also known as Polaris, which is used for navigation due to its close alignment with the Earth's geographic north pole.