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19 March, 05:39

4. Which of the following is not an accurate statement about the debt problem in

LDCs?

A In some countries, debt is greater than GDP.

O

B

The rise in value of the U. S. dollar caused a rise in debt.

O

C

Debt holders often seize government property when loans are not

repaid.

O

D

A rapid increase in the price of oil caused a great rise in debt.

+4
Answers (2)
  1. 19 March, 05:55
    0
    Debt holders often seize government property when loans are not

    repaid.
  2. 19 March, 06:03
    0
    The correct answer is C

    Explanation:

    The problem of debt in LDC, in the medium or even long term, the source of the future credit for the imports of the capital goods and such credit has been intrinsic to the fast as well as rapid growth in a economic manner and their demand for the exports from the world of the industralized.

    So, the one statement which is not correct is that the debt holders usually seize the government property, if the loans are not repaid.
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Home » Business » 4. Which of the following is not an accurate statement about the debt problem in LDCs? A In some countries, debt is greater than GDP. O B The rise in value of the U. S. dollar caused a rise in debt.
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