There is a "magic level" where foreign debt becomes too large and triggers a crisis.

Name: There is a "magic level" where foreign debt becomes too large and triggers a crisis.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

There is no specific "magic level" of foreign debt that applies universally to trigger a crisis; the impact of foreign debt on an economy depends on various factors including the country's ability to service the debt, the terms of the debt, and the overall economic context.

There Is a "Magic Level" Where Foreign Debt Becomes Too