Q
Debt renegotiation means:
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A
A. Allowing and mnc to purchase the debt and invest in the country whose debt it has purchased
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B
B. Reworking the terms on which a loan will be repaid
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C
C. Shifting debt from governmental creditors to multilateral creditors
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D
D. Taking out new loans to pay off old ones
Correct Answer:
B. B. Reworking the terms on which a loan will be repaid