which expenditure affects entire country and it's citizen?
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Debt has several effects on a country. A country's debt is called sovereign debt, as the loans are taken out by the sovereign, or the authority of the country. Some of these effects are positive, some are not. The positive effects include money for new construction projects and increased sales from exporters. Negative effects require the citizens of a country to give up benefits, including land, natural resources and government services.
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