Question

6416
भर कि in 24 -sin-6° -
15-1
8
प्रश्नावली
5-1​

Answer 1

Answer:

If a nation is unable or refuses to repay its external debt, it is said to be in sovereign default. This can lead to the lenders withholding future releases of assets that might be needed by the borrowing nation. Such instances can have a rolling effect. The borrower’s currency may collapse, and the nation’s overall economic growth will stall

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