Suppose that the developing countries like china and india, Business Economics

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Suppose that the developing countries like china and india

Suppose that the developing countries like China and India start promoting consumption, and as a result there is sudden decline in world savings.

a. What happens to the investment in a small open economy like Singapore?

b. What happens to the trade balance of Singapore?

c. What happens to the real exchange rate of Singapore?

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Business Economics: Suppose that the developing countries like china and india

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Business Economics: Suppose that the developing countries like china and india

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