ECONOMICS
BALANCE OF PAYMENTS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An increase in foregin debt would be beneficial for an economy if
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the borrowing is used to pay off previous debt
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the borrowing increases the level of domestic onsumption
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the borrowing increases the economy’s productive capacity
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the borrowing is used to fund icnreased social secturity payments
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Explanation:
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