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External Debt Is Not Usually a Problem for High-Income Countries

Question 71

Multiple Choice

External debt is not usually a problem for high-income countries for which of the following reasons?


A) High-income countries take out loans denominated in their own currency.
B) High-income countries do not need to borrow.
C) High-income countries are too large to default on loans.
D) High-income countries use loans to build infrastructure and create economic growth.

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