Question: What do the differences between countries with relatively high saving ratios (e.g. Germany) and those with relatively low saving ratios (e.g. the UK) imply for
What do the differences between countries with relatively high saving ratios (e.g. Germany) and those with relatively low saving ratios (e.g. the UK) imply for the balance between government expenditure and taxation if both countries want to achieve similar rates of investment and want to maintain a balance between imports and exports?
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