Financial Risk Manager Part 1
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Ultimate access to all questions.
What is the impact of a sovereign nation default on its economy?
A
The default by a sovereign nation will enhance export.
B
The overall economic will exhibit an upward trend if a sovereign nation defaults.
C
The default by a sovereign nation will lead to political stability.
D
The default by a sovereign nation has a negative impact on the GDP growth and the country's credit rating for many years.