Most of the open economies that run current account deficits must either increase the interest rates to
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Moreover, the trade-weighted USD index has been on an upward trend from 2011 to 2020.
How do you reconcile the ability of the US to finance its current account deficit with a rising USD and a zero-interest rate policy?
What are the threats to the US economy going forward analyzing the US BOP fundamentals from this perspective?
Related Book For
Macroeconomics Principles, Applications, and Tools
ISBN: 978-0132555234
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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