A Nation with a Relatively High Country Risk Factor Would

question 64

Multiple Choice

A nation with a relatively high country risk factor would MOST likely have:

• A) stable exports and unstable imports.
• B) low levels of external debt.
• C) excessive levels of spending compared with its income and current account surpluses.
• D) unstable exports, a high level of external debt, and excessive levels of spending.

---

Definitions:

Breach of Contract

Occurs when one party in a binding agreement fails to fulfill their obligations without a legitimate legal excuse.

Obligations

Duties or responsibilities enforced by law, contract, or a sense of duty that compel someone to act or refrain from acting in a certain manner.

Disability

A physical or mental condition that significantly restricts one's ability to perform one or more major life activities.

Life Insurance

A contract between a policy owner and an insurance company that requires the insurance company to pay a designated beneficiary a sum of money upon the occurrence of the insured’s death.