Question

how does a financial resource affect the development of a country

Answer 1

Answer:

The accumulation of worldwide reserves and decrease tiers of outside debt permit a few growing nations to shield themselves from the speedy deterioration of capital flows. But the contraction of credit, its excessive fee, and the volatility of portfolio investments have already caused a contraction of monetary flows.

Explanation:

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Answer 2

Answer:

it develops the country overall by developing economy stronger, generation of new resources of employment, eradicating poverty and increasing the revenue by Nation's overall development.