In order to attract capital flows from current account surplus countries,the United States had to

Name: In order to attract capital flows from current account surplus countries,the United States had to
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Question

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Current account surplus countries seek to invest their excess funds in countries with high interest rates in order to earn a higher return on their investment. Therefore, to attract capital flows from these countries, the United States would need to maintain relatively high interest rates.

In Order to Attract Capital Flows from Current Account Surplus