Debt service
A) is rarely an issue for high-income countries.
B) always makes a country worse off for having borrowed.
C) is a problem when the amount of debt is small relative to the size of the economy.
D) tends to benefit low- and middle-income countries at the expense of high-income countries.
A
You might also like to view...
If the market price of a product increases, then the total
A) consumer surplus will decrease. B) consumer surplus will increase. C) revenues of sellers will definitely increase. D) revenues of sellers will definitely decrease.
What does a production possibility frontier represent?
What will be an ideal response?
Intra-industry trade between similar countries produces economic gains because it allows workers and firms to learn and _________ on particular products.
a. innovate b. coordinate c. disseminate d. communicate
Which type(s) of economies interact with other economies?
a. only closed economies b. only open economies c. closed economies and open economies d. neither closed nor open economies