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it won't happen if the country you owe money to is the U.S.A. Other countries have different laws and could do something wierd like that.

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19y ago

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Which region of the country did not support the idea of the national government paying off state debts?

West


Which country's debts prompted the Roosevelt Corollary?

On my USATest prep quiz, it said that The Dominican republic was the correct answer. I thought It was Panama too. but Panama Is Incorrect.


Daniel shays and the others like him who fought in the war should have been taxed to pay the country's debts?

The United States needed money to repay the individuals and the countries who had loaned money for the American Revolution.The United States also needed to pay the Do you think Daniel Shays and others like him who fought in the war should have been taxed to pay the country's war debts?Explain


Who did not pay back U.S. debt after World War 1?

Finland is the only country to fully pay back it's WWI debt to the U.S. No other country has.


What was Hamilton argument in favor of paying the nation's debts in full?

Alexander Hamilton argued that paying the nation's debts in full would establish the creditworthiness of the United States and foster trust among domestic and international creditors. He believed that honoring debts would strengthen the federal government, unify the states under a strong central authority, and promote economic stability. By demonstrating fiscal responsibility, Hamilton aimed to attract investment and facilitate the growth of a robust national economy. Ultimately, he viewed the repayment of debts as essential for the country's financial credibility and future prosperity.

Related Questions

Are you responsible for unpaid debts of your spouses previous marriage?

No. Only debts you made together.


Is a business owner responsible for the previous owners debts?

If it is a new business, then they are not responsible. If the new business owner had obligations with the previous one, they may be responsible for debts. The terms of the contract will dictate this issue.


When does your net worth go up?

when you pay off previous debts


How do you reduce the development gap of the country?

Ledc's pay the debts you owe to the richer Medc's or Medc's let the Ledc's off with the debts so the countries can help their country and stop thinking about the debts!


What was The proclaimation treaty about?

It was made to prevent war breaking out with the natives due to the debts they owed from the previous war.


Why is it important for countries to show they can pay off their debts?

No country should be financially reliant on another. It shows a weakness and inability for a country to control its own finances. It also places undue burdens on its citizens - who pay for their country's debts by higher taxation.


Can you emigrate with debts?

Some countries do indeed run a credit check before allowing you to emigrate to their nation. It is uncommon however for someone to be denied entrance based on this fact alone. Keep in mind that the creditors in your original country may still find a way to come after you, even if you move abroad.


Which region of the country did not support the idea of the national government paying of debts?

West


How can you enter the country where your spouse is residing if you are denied a US passport because you owe child support arrearages?

That seems far too obvious. Pay your debts before you attempt to take on other responsibilities. * You do not need a passport to leave the United States. You do need a passport to enter other countries. A person leaving the US to escape financial obligations may be denied a passport which would prevent them from legally entering the foreign nation of their choice.


Why would other country want to stockpile gold and silver?

In purely economic terms, it is because it acts as security against all the national debts. It gives a countries lenders the confidence that the country will be able to pay back their debts.


Which country bought the shares in 1875 for Suez canal to pay of the debts?

Great Britain.


Which region of the country did not support the idea of the government paying off state debts?

West