This assignment requires you to consider a country’s balance of payments position and the potential for it to suffer a debt crisis (unable to service its debt repayments). Use the most current information available 2015 or 2016. All groups will have a different country.
A debt crisis can occur if a country with a weak economy is not able to repay external debt due to the inability to produce and sell goods and make a profitable return.
As a brief summary of our class discussion of the balance of payments, recall the possible implications from the various entries recorded.