Q
The debt-service ratio is the______________?
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A
A. Long-term debt divided by gdp of a country in a given year
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B
B. Interest and principle payments divided by exports of goods and services
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C
C. Ratio of debt net of portfolio investment financing and foreign direct investment
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D
D. Default and reschedule debt minus annual export revenues that must be devoted to paying interest
Correct Answer:
B. B. Interest and principle payments divided by exports of goods and services