土豆妮

What is the key difference between a local currency debt rating and a foreign currency debt rating?

A) Local currency debt ratings are uncorrelated with the country's foreign currency debt ratings.

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.

C) A foreign currency debt rating relies on the country's ability to generate appropriate foreign currency cash flows via its trade flows.

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A foreign currency debt rating relies on the country's ability to generate appropriate foreign currency cash flows via its trade flows.