In an economy open to international trade where the interest rate at which saving and investment would be equal is ________ the world real interest rate ________.
A)above;a trade surplus ensues
B)below;a trade deficit ensues
C)above;there is a net capital outflow
D)below;there is a net capital inflow
E)none of the above

Question

Quizplus · Accepted Answer

The Answer of In an economy open to international trade where the interest rate at which saving and investment would be equal is ________ the world real interest rate ________.
A)above;a trade surplus ensues
B)below;a trade deficit ensues
C)above;there is a net capital outflow
D)below;there is a net capital inflow
E)none of the above

In an Economy Open to International Trade Where the Interest