Balance of payments problems and long-term international debt plague the less-developed economies. The two issues are related.

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Balance of payments problems and long-term international debt plague the less-developed economies. The two issues are related. Explain.

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:51 AM

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Balance of payments problems and long-term international debt plague the less-developed economies. The two issues are related.

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To finance its unfavorable balance of trade an LDC ...View the full answer

Principles of Economics

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