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castillo66 castillo66
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7 years ago
Country X has a significant amount of external debt. Which of the following is the most likely cause?
A) The government of Country X borrowed money from local banks.
B) The government of Country X borrowed money from other governments.
C) The government of Country X spent more than it collected in revenues.
D) The government of Country X received short-term credits from selling bonds.
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International Business

International Business


Edition: 15th
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vindalovindalo
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castillo66 Author
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#2
7 years ago
Exactly what I needed to answer this question

Thanks!
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