Multiple Choice
Which of the following is true of a net debtor nation?
A) It experiences a trade surplus for five consecutive years.
B) It experiences a trade deficit for five consecutive years.
C) It owes more to the rest of the world than it is owed.
D) It owes less to the rest of the world than it is owed.
E) It experiences persistent current account surplus.
Correct Answer:
Verified
Correct Answer:
Verified
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