What drastic economic policy in the 1980s led to severe rationing of electricity, heat, and basic foodstuffs in Romania?
Answer and explanation
Correct answer: C. The rapid total repayment of Romania's external foreign debt
- Step 1: Severe austerity measures channeled nearly all agricultural and energy resources abroad to eliminate foreign debt. Answer: The rapid total repayment of Romania's external foreign debt. Why not the others: Romania pursued hyper-exporting rather than consumer importing; the goal was extinguishing all foreign dollar debt by 1989.
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