Suppose this year Angola borrows $100 million from foreign countries while it lends $15 million. Angola definitely is a
A) net lender.
B) net borrower.
C) creditor nation.
D) debtor nation.
Correct Answer:
Verified
Q308: Which of the following countries are net
Q321: Since the mid 1980s, the United States
Q345: A creditor nation is a country that
Q348: If a country lends more to foreign
Q349: If a country has a capital account
Q351: A net borrower is a country that
Q352: Suppose Italy lends 1.5 billion euros in
Q353: A developing county is usually a
I. net
Q354: Over its history, Spain has loaned more
Q355: A country that borrows more from the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents