Question: 1 . Define net exports and net capital outflow. Explain how and why they are related. 2 . Explain the relationship among saving, investment, and

1. Define net exports and net capital outflow. Explain how and why they are related. 2. Explain the relationship among saving, investment, and net capital outflow. 3. If a Japanese car costs 1,500,000 yen, a similar American car costs $30,000, and a dollar can buy 100 yen, what are the nominal and real exchange rates?

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