A less developed country will A. most likely be deficient when it come to funds, thus it is always a borrower of funds in the global financial market. B. most likely be deficient when it comes to funds but it can also lend money to other countries C. most likely have surplus of funds, thus it is a lender all the time D. most likely have surplus of funds but it can also borrow funds
A less developed country will A. most likely be deficient when it come to funds, thus it is always a borrower of funds in the global financial market. B. most likely be deficient when it comes to funds but it can also lend money to other countries C. most likely have surplus of funds, thus it is a lender all the time D. most likely have surplus of funds but it can also borrow funds
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 12SCQ: If a country is running a government budget surplus, why is (T - G) on the left side of the...
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A less developed country will
A. most likely be deficient when it come to funds, thus it is always a borrower of funds in the global financial market.
B. most likely be deficient when it comes to funds but it can also lend money to other countries
C. most likely have surplus of funds, thus it is a lender all the time
D. most likely have surplus of funds but it can also borrow funds
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