The debt service ratio is defined as (a) the ratio of total ...

[kwoodring]

The debt service ratio is defined as
 
  (a) the ratio of total debt to export earnings.
  (b) the ratio of total debt to GDP.
  (c) the ratio of payments on foreign debt to export earnings.
  (d) the ratio of payments on foreign debt to GDP.

Question 2

Successful adjustment to external imbalance is likely to involve
 
  a. expenditure-reducing policies
  b. expenditure-switching policies
  c. import compression
  d. devaluation of the national currency
  e. all of the above

[emilymalinowski12]

Answer to Question 1

C

Answer to Question 2

E

[kwoodring]

Excellent

[carojassy25]

Thanks for the timely response, appreciate it