One Concern Over External National Debt Is That Interest and Principal

question 33

Multiple Choice

One concern over external national debt is that interest and principal payments transfer wealth overseas. The percentage of the national debt held in recent years by foreigners is approximately:

• A) 10 percent.
• B) 20 percent.
• C) 30 percent.
• D) 50 percent.

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Definitions:

Vendor-Managed Inventory

A business model where the supplier takes responsibility for managing inventory levels for the retailer.

Solectron

A former global electronics manufacturing company for original equipment manufacturers that was acquired by Flextronics International Ltd. in 2007.

Materials Handing

A field concerning the handling, control, and storage of materials and products throughout manufacturing, warehousing, distribution, consumption, and disposal processes.

Supply Chain

The sequence of processes involved in the production and distribution of a commodity.