A debtor nation is a country that during its entire history has
A)a public sector deficit that is larger than its net exports.
B)borrowed more from the rest of the world than it has lent to it.
C)lent more to the rest of the world than it has borrowed from it.
D)a government debt.
E)invested more in the rest of the world than has been invested in it.

Question

Quizplus · Accepted Answer

A debtor nation is a country that has borrowed more from the rest of the world than it has lent to it. This means that the nation owes more to foreign creditors than it is owed by foreign debtors. This can lead to a higher level of external debt and potential economic vulnerabilities.

A Debtor Nation Is a Country That During Its Entire