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    Exam 22: Developing Countries: Growth, Crisis, and Reform
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    When a Government Defaults on Its Obligations, the Event Is
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When a Government Defaults on Its Obligations, the Event Is

Question 71

Question 71

Multiple Choice

When a government defaults on its obligations, the event is called a


A) sovereign default.
B) magisterial default.
C) private default.
D) sudden stop default.
E) national default.

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