If the U.S. current account deficit is $400 billion, and if the statistical discrepancy is zero, what
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If the U.S. current account deficit is $400 billion, and if the statistical discrepancy is zero, what is the financial account balance? Does this financial account balance represent a net capital outflow or a net capital inflow?
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Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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