The "debt service ratio" for a country is the ration of the country's ______ to _____ a. total external debt / fross domestic product b. annual interest payment on external debt / exports of services c. annual interest payments on external debt and scdeuled annual external debt repayments / export earnings d. annual interest payment on external debt /exports of earnings
The "debt service ratio" for a country is the ration of the country's ______ to _____ a. total external debt / fross domestic product b. annual interest payment on external debt / exports of services c. annual interest payments on external debt and scdeuled annual external debt repayments / export earnings d. annual interest payment on external debt /exports of earnings
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 3.11P
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PQ 19
The "debt service ratio" for a country is the ration of the country's ______ to _____
a. total external debt / fross domestic product
b. annual interest payment on external debt / exports of services
c. annual interest payments on external debt and scdeuled annual external debt repayments / export earnings
d. annual interest payment on external debt /exports of earnings
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