The accumulation of international debt increased the debt service requirements of the indebted countries. After the debt crisis began, this caused
A) the adoption of expansionary policies to return to growth.
B) large capital inflows to service the debt.
C) the adoption of strongly contractionary policies to reduce consumption and government deficits.
D) an intensification of industrial policies targeted on import substitutes.
E) a reduction in inequality.
C
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With regard to colonial land settlement and the land beyond the Appalachians,
(a) secure land titles had to come from established authority; land typically could not be claimed simply by "squatting" on it. (b) throughout most of the colonial period, authority over the land beyond the Appalachians was not easy to establish because both the English and the French laid claim to most of the Mississippi watershed. (c) the original grants of land to colonial settlers from the crown had been "from sea to sea." (d) all of the above are true.
Which of the following is not a major trading partner of the U.S.?
a. Canada b. Mexico c. Russia d. China