Excessive Debt Might Lead a Nation to Consider Default as an Option

question 83

Multiple Choice

Excessive debt might lead a nation to consider default as an option if:

• A) the international court of justice is not meeting.
• B) it has no real assets to sell.
• C) repayment is more painful than the costs of default.
• D) the other nations do not threaten military action.

---

Definitions:

Bona Fide

Means genuine, real, or without the intention of deceit; often used to describe authentic documents or sincere intentions.

Sexual Discrimination

Unfair treatment of individuals based on their sex or gender, leading to disparities in opportunities and outcomes.

Age Discrimination

Unfair treatment of individuals based on their age, particularly in employment practices.

Affirmative Action

A policy or a set of measures aimed at increasing opportunities for historically disadvantaged groups in various areas, such as employment and education.