What is the primary reason for Sri Lanka's economic distress as mentioned in the video?
Sri Lanka Enters Default, Warns of Surging Inflation

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A sudden drop in tourism
Surging inflation
A natural disaster
A trade embargo
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current status of Sri Lanka's debt situation?
They are in preemptive default
They have fully paid their debts
They have no outstanding debts
They have secured a new loan
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected duration for Sri Lanka's debt restructuring process?
3 months
6 months
1 year
2 years
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the major challenges faced by Sri Lanka's central bank governor?
Excessive foreign reserves
Lack of international support
Runaway inflation
Political stability
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant issue faced by Sri Lanka due to its economic crisis?
Abundance of foreign aid
Shortages of essential supplies
Surplus of gasoline
Increase in foreign investments
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