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International Economics 8th Edition by Dennis Appleyard, Alfred Field
Edition 8ISBN: 9780078021671International Economics 8th Edition by Dennis Appleyard, Alfred Field
Edition 8ISBN: 9780078021671 Exercise 6
Why can a country's nominal interest rate never be negative? Why can a country's real interest rate indeed be negative? If a country has a negative real rate, do you think that this suggests that the country is not well integrated into world financial markets? Explain.
Explanation
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Interest rates are mainly borne by the b...
International Economics 8th Edition by Dennis Appleyard, Alfred Field
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