2 ms·
> Borrowing foreign money to buy foreign goods has no effect whatever on a country's level of production And this is where you're wrong. Borrowing money has a
by rumanator 7y ago
> Borrowing foreign money to buy foreign goods has no effect whatever on a country's level of production
And this is where you're wrong. Borrowing money has a direct and deep impact on ta country's level of production, mainly because that cash is dumped on the economy by spending it on buying goods and services.