If the United States runs a deficit in its current account of $100 billion and receives a

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If the United States runs a deficit in its current account of $100 billion and receives a net inflow of $60 billion on long-term investments in a year, by how much will its short-term capital flows have to change in order to accommodate all these flows?

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Financial Institutions, Markets and Money

ISBN: 978-1119330363

12th edition

Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias

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