Locate and read Why Germanys Current-Account Surplus Is Bad for the World Economyon the Web site of

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Locate and read “Why Germany’s Current-Account Surplus Is Bad for the World Economy”on the Web site of the Economist: www.economist.com/news/leaders/21724810-countrysaves-too-much-and-spends-too-little-why-germanys-current-account-surplus-bad. Is the cause of Germany’s trade surplus described in the article consistent with the discussion in this chapter?

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Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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