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Explain the debt overhang problem.
Brazil
A large South American country with a diverse ecosystem, known for its Amazon rainforest, rich culture, and significant economic influence in Latin America.
Poland
A country located in Central Europe, known for its rich history, cultural heritage, and significant contributions to the arts, science, and politics.
Bastiat's "Petition
Refers to Frédéric Bastiat's satirical petition in "Economic Sophisms," illustrating the absurdity of protectionism and trade barriers.
Protectionism
Economic policies and measures taken by a government to protect its domestic industries from foreign competition by imposing tariffs, quotas, or regulations.
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