The opportunity cost to a country of NOT repaying its external debt is:

Name: The opportunity cost to a country of NOT repaying its external debt is:
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The opportunity cost of not repaying external debt is primarily reduced access to foreign capital, as lenders are less likely to provide funds to a country that has a history of non-repayment. This can limit the country's ability to finance future projects or manage its economy effectively.

The Opportunity Cost to a Country of NOT Repaying Its