Answer:
Certainly, countries that must import arms will see more negative economic effects of an arms race, and arms imports are a major contributor to debt in the developing world. Even for arms-producing countries, excessive military expenditure is likely eventually to have negative economic consequences.
Step-by-step explanation:
Needless to say, mounting confrontation and the arms race at global and regional levels lead to a destabilization of the world situation and enhance the threat of thermonuclear conflict. The current prominent trend in world relations of showing military strength and escalating militarism and the arms buildup not only increases the probability of a global thermonuclear catastrophe but also slows down social progress as a whole and exerts a particularly negative influence on the social and technical world.