The data below is taken from the BOP of Switzerland. Based on this data, decide whether the
Question:
The data below is taken from the BOP of Switzerland. Based on this data, decide whether the following statement is true or false and explain your answer.
"From 1979 to 1982, foreigners have been net issuers of SF-denominated bonds in the Swiss capital markets."
Transcribed Image Text:
19791980 1981982 Portfolio investment (in billions of dollars) 11.8 11.8-11.9-32.2
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We can conclude that on balance capital flowed out of Switzerland but ...View the full answer
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International Finance Putting Theory Into Practice
ISBN: 978-0691136677
1st edition
Authors: Piet Sercu
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