Paying off an externally held debt quizlet
SpletThe official website of the United Says Government . Main navigation. Data Corporate; Regulations . Row 1 SpletWhen a country borrows money from other countries (or foreigners) an external debt is created. It owes it all to others. When a country borrows money from others it has to pay interest on such debt along with the principal amount. This payment is to be made in foreign currencies (or in gold).
Paying off an externally held debt quizlet
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