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  4. Exam
    Exam 9: The Exchange Rate and the Balance of Payments
  5. Question
    If a Country Is Currently Borrowing More from the Rest
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If a Country Is Currently Borrowing More from the Rest

Question 427

Question 427

Multiple Choice

If a country is currently borrowing more from the rest of the world than it is lending to the rest of the world, the country is a


A) net borrower.
B) debtor nation.
C) net lender.
D) creditor nation.

Correct Answer:

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