In Absolute Terms,sub-Saharan African Total External Debt

question 17

Multiple Choice

In absolute terms,sub-Saharan African total external debt

• A) is nominally about the same as the amount of debt incurred by Latin American during the 1980s.
• B) is nominally about the same as the amount of debt incurred by Asia during the 1990s.
• C) measured as a share of GDP, is only a fraction of the amount of debt incurred by Latin American during the 1980s.
• D) has much higher debt-service ratios than Latin American ratios in the 1980s.
• E) has almost entirely been cancelled by the World Bank and IMF since 2005.

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