CAIE A-Level Economics A2 11.5.5 External Debt Questions
Practise evaluating external borrowing as a development strategy, using debt-to-GNI data and long-run growth and repayment arguments.
- Syllabus
- 2026–2028
- Course
- Economics 9708
- Level
- A2
Practise evaluating external borrowing as a development strategy, using debt-to-GNI data and long-run growth and repayment arguments.
The table provides data for the external debt as a percentage of Gross National Income (GNI) for four countries in 2010 and 2015.
What can be deduced from the table?
All countries borrowed more money externally in 2015 than in 2010.
External borrowing grew more slowly than GNI in India.
Georgia borrowed the most money externally in 2015.
The burden of external debt changed least in Serbia.
D