Question

Free trade alone, some argue, is a necessary but not sufficient prerequisite to help "highly indebted poorer countries" (HIPCs) bootstrap themselves out of poverty. They also recommend implementing
Select one:
A. a highly regulated command economy.
B. weaker property rights laws.
C. large-scale debt relief.
D. rapid expansion in population.
E. weaker labor regulations.

Answer 1

Answer:

Answer is option C, i.e. large-scale debt relief.

Explanation:

Debt relief strategies are necessary for any nation in order to lessen the burden of debts and dues of various loans and interest schemes. Although free trade is helpful for such highly indebted poorer countries, a full proof debt relief strategy at a large scale would be really beneficial for such countries in the long run.