After a Period of Building Up Debt to Foreigners,the Associated

question 122

Multiple Choice

After a period of building up debt to foreigners,the associated interest payments mean that ending the foreign debt increase will require

• A)a capital account surplus.
• B)a current account surplus.
• C)a current account deficit.
• D)a zero balance in the capital account.
• E)a zero balance in the current account.

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