Chinas official reserves have ballooned, fueled by strong foreign in-vestment and large trade surpluses. China is a

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China’s official reserves have ballooned, fueled by strong foreign in-vestment and large trade surpluses. China is a net ______ and a ______ na-tion. 

A. Lender; debtor 

B. Borrower; debtor 

C. Lender; creditor 

D. Borrower; creditor

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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