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★ѕραndavir ★ѕραndavir
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6 years ago
The ballooning of the U.S. foreign debt to 500 billion dollars by 1988 implied that
A) a foreign trade surplus is required to reduce the interest payment burden.
B) a foreign trade deficit is required to reduce the interest payment burden.
C) the ratio of foreign debt to the U.S. GNP was increasing.
D) the ratio of foreign debt to the U.S. GNP was decreasing.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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5 years ago
You literally helped me pass my economics class!
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