For countries such as the United States and the United Kingdom,it is important to have trade surpluses in order to service their external debts.

Question

Quizplus · Accepted Answer

It is not necessarily true that trade surpluses are required to service external debts. Countries can service their external debts through a variety of means, such as borrowing money, selling assets, or negotiating debt restructuring. Trade surpluses can aid in this process, but they are not the only factor.

For Countries Such as the United States and the United