Quote:
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Note that while a country may have a relatively large external debt (either in absolute or per capita terms), it could be a "net international creditor" if its external debt is less than the total of the external debt of other countries held by it. For example, Norway, Luxembourg, Switzerland, Italy and others are net international creditors.
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Ok, so if I understand properly... some countries borrow money, but also lend money.
So technically the debt and credit should add up to 0...
