When does the foreign debt increase ? (A) Income = Expenditure (B) Income - Expenditure (C) Income Expenditure (D) Only increase in income
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Answer:
A income=expenditure
Explanation:
Much of the increase in foreign debt since the mid–1980s can be traced to the private sector and is attributed to financial deregulation, globalisation and the significant increase in mining production financed by foreign savings.
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