Suppose This Year Angola Borrows $100 Million from Foreign Countries

question 173

Multiple Choice

Suppose this year Angola borrows $100 million from foreign countries, while it lends $15 million to other countries. Angola definitely is a

• A) net borrower.
• B) net lender.
• C) creditor nation.
• D) debtor nation.

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Definitions:

Easement

The right to use the land of another for a particular purpose.

Joint Tenancy

A form of property ownership in which two or more parties share equal ownership and rights to the entire property.

Four Unities

The Four Unities are joint tenancy principles requiring unity of possession, interest, title, and time, ensuring equal rights to the property among co-owners.

Servient Tenement

The property through which an easement is created or through which it extends.