Question

when does the foreign debt increase?​

Answer 1

Answer:

Photosynthesis is the process by which plants use sunlight, water, and carbon dioxide to create oxygen and energy in the form of sugar.

Answer 2

Explanation:

The steep rise in external debt burden of the developing countries since 1970's is on account of the following reasons: (i) Aggravation of BOP deficit by oil crisis. (ii) Persistent inflationary pressures. (iii) Large scale lending by Western banks in the wake of conditions of recession within the developed countries.

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