If external debt of country rises faster than its interest obligations, it is a case of: | Faculties

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📊 Managerial Economics

Q. If external debt of country rises faster than its interest obligations, it is a case of:

(A) Dept trap
(B) Liquidity trap
(C) Poverty trap
(D) Export led growth

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✅ Correct Answer: (A) Dept trap

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