when does the foreign debt increase?
Share
when does the foreign debt increase?
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
Photosynthesis is the process by which plants use sunlight, water, and carbon dioxide to create oxygen and energy in the form of sugar.
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.
hope it helps