Question

External debt A. is undesirablelong dash—only financially weak countries have it. B. is avoidablelong dash—only financially careless countries have it. C. is​ ubiquitous, or omnipresentlong dash—all countries have it. D. is unusuallong dash—countries only take it on when they must.

Answer 1

Answer:

C. is​ ubiquitous, or omnipresent ----- all countries have it.

Explanation:

External loan -

It refers to some specific amount from the country's total debt , which comes from the foreign lenders , like international financial institutions ,  government and the commercial banks , is referred to as the external loan .

The loans need to be paid along with the interest rate .

The loan need to be paid on the very same currency by which the loan was taken .

Hence , from the given question ,

The correct answer is c.