Comment on the following statement: Since the United States imports more than it exports, it is necessary

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Comment on the following statement: “Since the United States imports more than it exports, it is necessary for the United States to import capital from foreign countries to finance its current account deficits.”

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International Financial Management

ISBN: 978-1259717789

8th edition

Authors: Cheol Eun, Bruce G. Resnick

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Question Posted: May 31, 2018 02:33 AM

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Comment on the following statement: Since the United States imports more than it exports, it is necessary

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The statement presupposes that th e US current acco...View the full answer

International Financial Management

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