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External debt |
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External debtThe amount that a country owes to foreigners, including the debts of both the country's government and its private sector.Similar MatchesExternal balanceExternal balance1. Balance of payments equilibrium. 2. Any target value for the balance on current account, balance on capital account, or balance of payments. Negative externalityNegative externalityA harmful externality; that is, a harmful effect of one economic agent's actions on another. Considered a distortion because the first agent has inadequate incentive to curtail their action. Examples are pollution from factories (a production externality) and smoke from cigarettes (a consumption externality). Common external tariffCommon external tariffThe single tariff rate agreed to by all members of a customs union on imports of a product from outside the union. Positive externalityPositive externalityA beneficial externality; that is, a beneficial effect of one economic agent's actions on another. Considered a distortion because the first agent has inadequate incentive to act. Examples are the attractiveness of well-kept farms for the tourism industry (a production externality) and reduced contagion of disease due to vaccines (a consumption externality). External economyExternal economyPositive externality. Further SuggestionsConsumption externalityProduction externality Externality External funds Harmful externality External diseconomy External increasing returns to scale External economies of scale Externalities argument for protection |
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