What is the key difference between a local currency debt rating and a foreign currency debt rating?
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A) |
Local currency debt ratings are uncorrelated with the country's foreign currency debt ratings. | |
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B) |
A foreign currency debt rating depends primarily upon the economic infrastructure of the economy and the level of education and living standards in the country. | |
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C) |
A foreign currency debt rating relies on the country's ability to generate appropriate foreign currency cash flows via its trade flows. | |
A foreign currency debt rating relies on the country's ability to generate appropriate foreign currency cash flows via its trade flows. | 
发表于 2011-3-22 16:06
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