In 2011,there was
A) large dispersion across countries in current account surpluses.
B) relatively low unemployment in most countries.
C) small dispersion across countries in current account surpluses.
D) no dispersion across countris in current account surpluses.
E) small dispersion in patterns of trade across countries.
Correct Answer:
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Q48: In a two-good,two-period model with trade,an increase
Q49: The "savings glut" refers to
A) the large
Q50: In a two-good,two-period model with trade,an increase
Q51: When current account deficits are used to
Q52: In a two-good,two-period model with trade,an anticipated
Q54: Current account deficits may not be undesirable
Q55: Absorption refers to
A) the quantity of imports
Q56: When a country runs a current account
Q57: In a two-good,two-period model with trade,an increase
Q58: Theory predicts that current account surpluses should
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