If Northland is currently a net lender and a debtor nation,
A)it has loaned more than it borrowed from the rest of the world this year, but borrowed more than it loaned during its history.
B)it has borrowed more from the rest of the world than it loaned this year and also borrowed more than it loaned during its history.
C)it has loaned more than it borrowed from the rest of the world this year and has loaned more than it borrowed during its history.
D)its accounting system must be in error if it shows the nation to be a net lender and a debtor nation at the same time.
E)its debts must be currently growing.

Question

Quizplus · Accepted Answer

A net lender means Northland has loaned more than it borrowed this year, while being a debtor nation means it has borrowed more than it loaned over its history.

If Northland Is Currently a Net Lender and a Debtor