According to an article in the Economist, Countries with persistent current-account deficits tend to have higher real
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According to an article in the Economist, “Countries with persistent current-account deficits tend to have higher real interest rates than surplus countries.” What do high interest rates have to do with current account deficits?
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High real interest rates can be interconnected with a countrys current account deficits in several ways Attracting Foreign Capital Countries with high...View the full answer
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