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International Financial Management 6th Edition by Sanjiv Eun, Cheol Resnick, Bruce Sabherwal
Edition 6ISBN: 978-0071316972International Financial Management 6th Edition by Sanjiv Eun, Cheol Resnick, Bruce Sabherwal
Edition 6ISBN: 978-0071316972 Exercise 2
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."
Explanation
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Current account deficit:
Current accoun...
International Financial Management 6th Edition by Sanjiv Eun, Cheol Resnick, Bruce Sabherwal
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