A. External debt accumulates with international balance on goods services and income deficcits
B. When debts are denominated in U.S dollars their appreciation during the 1990s increased the cost of servicing such debts
C. In the 19901s LDCs relied increasingly on aid from DCs
D. International lenders required LDC governments to guarantee private debt
Correct Answer: In the 19901s LDCs relied increasingly on aid from DCs ✔
Last Updated: June 18, 2019