15-15 The larger is the import ratio of a country; the higher is the probability that the country will have to schedule its debt payments.

Question

Quizplus · Accepted Answer

A country with a high import ratio means that it is heavily dependent on imports for its economy, which may lead to a trade deficit and a higher need to borrow money. This, in turn, increases the likelihood that the country may need to schedule its debt payments.

15-15 the Larger Is the Import Ratio of a Country;