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The case of New Zealand, described in the text, concludes that a country's current account deficits

Chako

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The case of New Zealand, described in the text, concludes that a country's current account deficits

The case of New Zealand, described in the text, concludes that a country's current account deficits are not sustainable if a country's
A) labor productivity is below that of most other countries.
B) unproductive industrial sectors and its prospects for long run growth.
C) ability to sustain current account deficits is questionable.
D) prospects for long term economic growth are above its global deficit growth.
E) exchange rate has fallen relative to other currencies.

Textbook

International Economics: Theory and Policy

Edition: 10^th

Author: Krugman

Read 215 times

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machukian

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Chako Author

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8 years ago

Good answer, thank you

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machukian

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8 years ago

Good luck

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