There is a limit to a nation's ability to use international financial markets to supplement domestic consumption
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Question:
There is a limit to a nation's ability to use international financial markets to supplement domestic consumption or investment. Why?
Group of answer choices
a) Lenders like a diversified group of borrowers.
b) Communication is difficult because of language and differences in legal systems.
c) At some point, a nation will not be able to service the rising level of external debt.
d) International lenders require collateral.
Related Book For
Intermediate Accounting
ISBN: 978-1259548185
8th edition
Authors: David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
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