A Country That Borrows More from the Rest of the World

Multiple Choice

A country that borrows more from the rest of the world than it lends to it in a year is called a ________, and a country that lends more to the rest of the world than it borrows from it in a year is called a ________.

A) borrower; lender
B) importer; exporter
C) net borrower; net lender
D) gross borrower; gross lender