Suppose Portugal has borrowed large amounts of money from banks operating in the United States. Unfortunately, economic

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Suppose Portugal has borrowed large amounts of money from banks operating in the United States. Unfortunately, economic conditions have worsened in Portugal, and it is going to be unable to meet its debt obligations to the banks in the United States. Portugal is threatening to - . To avoid this outcome, Portugal works with banks in the United States and with the - to negotiate a compromise. Bank for International SettlementsWorld BankdefaultrecessInternational Monetary Fund

Posted Date: Jun 12, 2024 08:11 PM

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Suppose Portugal has borrowed large amounts of money from banks operating in the United States. Unfortunately, economic

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