Debt and Economic Development I A Level and IB Economics

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[@babalwakuster2447]

Thank you this video was very helpful

[@rae9564]

1:51 because hong kong and macau are not 'countries', they're special administrative regions under china's rule - though their own economies are rather independent

[@wuchungus_gaming9095]

How does external debt affect devaluation of money, i didnt get the part because im new to studying economics and i have to make a report on debt

[@tutor2u-official]

High levels of external debt can cause a country's currency to depreciate in value against other countries which then causes prices of imports to rise which reduces the real value of money.