Return to the example in this chapters final Case Study of how a 10 percent dollar depreciation
Question:
Return to the example in this chapter’s final Case Study of how a 10 percent dollar depreciation affects U.S. net foreign wealth (page 316). Show the size of the effect on foreigners’ net foreign wealth measured in dollars (as a percent of U.S. GDP).
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The case study states that US foreign assets are equal to 129 of GDP and ...View the full answer
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Related Book For 
International Economics Theory and Policy
ISBN: 978-0273754206
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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