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    Economics-Macroeconomics
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    Exam 9: The Exchange Rate and the Balance of Payments
  5. Question
    If a Nation During Its Entire History Has Borrowed More
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If a Nation During Its Entire History Has Borrowed More

Question 328

Question 328

Multiple Choice

If a nation during its entire history has borrowed more from the rest of the world than it has lent 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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