Government has resorted to external borrowing to fund government projects such as infrastructure and rural development. These resulted to promoting the market for foreign good. Is it better to expand or limit foreign borrowing for the development of technology in the country? Explain

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 12SCQ: If a country is running a government budget surplus, why is (T - G) on the left side of the...
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Government has resorted to
external borrowing to fund
government projects such as
infrastructure and rural development.
These resulted to promoting the
market for foreign good. Is it better
to expand or limit foreign borrowing
for the development of technology in
the country? Explain
Transcribed Image Text:Government has resorted to external borrowing to fund government projects such as infrastructure and rural development. These resulted to promoting the market for foreign good. Is it better to expand or limit foreign borrowing for the development of technology in the country? Explain
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