Author Question: The Lost Decade began in 1990 when Colombia announced that it lacked the international reserves it ... (Read 86 times)

Mollykgkg · **on:** Jun 30, 2018

The Lost Decade began in 1990 when Colombia announced that it lacked the international reserves it needed to pay the interest and principle due on its foreign debt.

Indicate whether the statement is true or false

Question 2

The international investment position is defined as

A) the total of all domestic assets owned by foreigners minus the total of all foreign assets owned by residents of the home country.
B) the total of all domestic assets owned by foreigners plus the total of all foreign assets owned by residents of the home country.
C) the total of all foreign assets owned by residents of the home country minus the total of all domestic assets owned by foreigners.
D) the total of all foreign assets owned by residents of the home country times the total of all domestic assets owned by foreigners.