If interest rates in the United States were lower than rates in the rest of the world,
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If interest rates in the United States were lower than rates in the rest of the world, would the United States be more likely to be experiencing a net capital inflow or a net capital outflow? Ceteris paribus, would the current account be in surplus or deficit?
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Related Book For
Financial System Of The Economy Principles Of Money And Banking
ISBN: 9780765622464
5th Edition
Authors: Maureen Burton,Bruce Brown
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