What do you mean by Financial Linkages in U.S.
What do you mean by Financial Linkages in U.S. and World Trade?
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International trade implies complex financial linkages among nations. Trade deficits must be financed by borrowing or earning foreign exchange, which is accomplished by selling U.S. assets through foreign investment in the U.S. The U.S. borrows from citizens of other nations; the U.S. is the world’s largest debtor nation.
Explain by giving example of an absolute advantage in production of two products?
Question: Describe the present economic crisis situation in Europe. Why has it been so difficult for the Europeans to find a solution to this problem? Comment on what implications the crisis may have for the rest of the world i
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