Asked by Kailyn Holmes on May 08, 2024
Verified
_____ is money owed by national governments.
A) International debt
B) Financial debt
C) Sovereign debt
D) Federal equity
Sovereign Debt
Borrowings issued by a national government in foreign currency or its own currency.
National Governments
The organization that governs a nation, responsible for creating and enforcing laws, managing the economy, and providing public services.
- Identify the historical background of global business frameworks.
Verified Answer
RT
Ramez TolaymatMay 11, 2024
Final Answer :
C
Explanation :
Sovereign debt refers to money owed by national governments.
Learning Objectives
- Identify the historical background of global business frameworks.