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What country has the least national debt?
Switzerland and the Vatican
If you have close to 30000 in debt with many different credit cards and you're moving to a foreign country for at least 10-15 years can you just not pay off your debt?
You can get away with it I guess, but depends on which counrty you're tryinmg to move to. If its an European country you're more likely to be caught.
What is a sentence for the word national debt?
The national debt of this country is ridiculous.
What is the least expensive source of capital?
debt
How does a country in debt make people poor?
It takes their money in order to get out of debt.
What is it the amount of money that a country owes another country called?
The amount of money that a country owes another country is called sovereign debt or foreign debt. This debt can arise from loans, bonds, or other financial obligations incurred by a government. It is typically expressed in the currency of the creditor country or in a widely used currency, such as the U.S. dollar. Managing this debt is crucial for a country's economic stability and creditworthiness.
Is Switzerland in foreign debt?
Is there any country on earth that is not in foreign debt? I am sure there is none.
What does leaving the country in the black mean ex how Andrew Jackson relieved national debt and left your country in the black?
Leaving the country in the black means that there was no national debt, but a surplus.
How does increasing the GDP help a country?
It helps as it stops our country from being in debt so the higher the Gross Domestic Product (GDP) the lower chance of this country being in debt :)
If a country's debt-to-GDP ratio is 161 the country is producing more than it is borrowing true or false?
False. A debt-to-GDP ratio of 161% indicates that the country's total debt is significantly higher than its annual economic output (GDP). This suggests that the country is borrowing more than it is producing, which can be a sign of fiscal distress or unsustainable debt levels.
Can a credit card company or debt collection agency sue you for an unpaid debt if you no longer live in the country where the debt was incurred?
Yes
What country has the lowest national debt?
INDIA
