Suppose This Year Angola Borrows $100 Million from Foreign Countries

question 33

Multiple Choice

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

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

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Definitions:

High-Quality Cars

Vehicles that are characterized by superior craftsmanship, reliability, durability, and performance compared to standard automobiles.

Low-Quality Cars

A term describing cars that are made with inferior materials or manufacturing standards, which might lead to poor performance, reliability, and satisfaction.

Demand Curves

Graphical representations that show the relationship between the price of a good and the quantity demanded by consumers at those prices.

Signaling Device

A method used by individuals or entities to convey information or intentions to others, often to indicate quality, trustworthiness, or status.