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johnpaul92 johnpaul92
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8 years ago
A small open economy has a current account balance of zero. A rise in the world real interest rate causes
A) a current account surplus.
B) a capital and financial account surplus.
C) absorption to exceed income.
D) net borrowing from abroad.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
Appreciate your help, thank you again
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#3
8 years ago
Every little bit helps, right? Glad I solved your question
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