Which Statement Best Describes the Implications of Borrowing Too Much

Which statement best describes the implications of borrowing too much money from other countries?

A) Countries with high debt loads,such as Kenya,found that along with repayment and economic restructuring came massive unemployment and reduced incomes.
B) Libya spent borrowed money on military hardware and other nonproductive investments.
C) Debt repayment in Latin America brought with it more money for social services and health care.
D) Sub-Saharan Africa increased its power to make decisions based on its own interests.

Correct Answer:

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