Question
Using 2 - 3 sentences, Discuss the following What happens if a country defaults on its sovereign debt?. Make sure to include the effect of
Using 2 - 3 sentences, Discuss the following "What happens if a country defaults on its sovereign debt?".
Make sure to include the effect of such default on stock markets, foreign investors, future borrowing interest rates, country's economic growth and unemployment, credit rating etc
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Economics
Authors: Paul A. Samuelson, William Nordhaus
19th edition
978-0073511290, 73511293, 978-0073344232, 73344230, 978-007351129
