Although a Net-Debtor Country May Initially Benefit from an Inflow

question 130

True/False

Although a net-debtor country may initially benefit from an inflow of savings from abroad,over the long run continued borrowing results in growing dividend payments to foreigners and a drain on the debtor-country's economic resources.

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Definitions:

Resource Flow Variance

Variations in the rate, timing, and quality of resources being supplied to or produced by a process.

Detailed Cost Estimates

An in-depth prediction of the likely costs of a project, based on detailed information and analysis.

Estimate At Completion

A forecasting tool used in project management to predict the total cost of a project at its completion.

Budgeted Cost

The estimated financial expenditure for a project, activity, or operation, typically set during the planning phase.