The "debt service ratio" for a country is the ration of the country's ______ to _____ a. total external debt / fross domestic product b. annual interest payment on external debt / exports of services c. annual interest payments on external debt and scdeuled annual external debt repayments / export earnings d. annual interest payment on external debt /exports of earnings

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 3.11P
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PQ 19

The "debt service ratio" for a country is the ration of the country's ______ to _____

a. total external debt / fross domestic product

b. annual interest payment on external debt / exports of services

c. annual interest payments on external debt and scdeuled annual external debt repayments / export earnings

d. annual interest payment on external debt /exports of earnings

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