Inflows of capital loans from abroad

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Which of the following is FALSE? select one current account deficits must be financed through inflows of capital Loans from abroad add to a country's stock of external debt and generate debt service Borrowed funds are always used in a manner that contributes to the expansion of the country's productive capability debt service can become an unsustainable burden that holds back development All countries have external debt

Reference no: EM13985707

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