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Meaning of default selectivo




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default selectivo
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SELECTIVE DEFAULT DEFAULT is anglicism by 'default'. In economics: to fall into DEFAULT is to enter into default. Never does a country fail to pay each and every one of its financial commitments. Argentina is the only country in the world that has done so and lost all credibility and confidence leaving its economy to total ruin. Then, when countries enter into economic crisis they make a selection of payments and suspensions called SELECTIVE DEFAULT

  



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