When the Total Value of Foreign Assets Owned by the Home

question 25

Multiple Choice

When the total value of foreign assets owned by the home nation is less than the total value of home assets owned by foreigners, we say a nation is:

• A) a net creditor to the rest of the world.
• B) a net debtor to the rest of the world.
• C) close to financial collapse.
• D) under pressure to get help from the IMF.