Why does it make a difference if a country borrows abroad, Macroeconomics

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Why does it make a difference if a country borrows abroad

Problem

Why does it make a difference if a country borrows abroad to finance the expansion of its railroads or to finance increased Social Security benefits for the elderly?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why does it make a difference if a country borrows abroad

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Macroeconomics: Why does it make a difference if a country borrows abroad

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