2. Suppose China decides that it needs a huge program of infrastructure spending, which it will finance

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2. Suppose China decides that it needs a huge program of infrastructure spending, which it will finance by borrowing. How would this program affect the U.S. balance of payments?

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Essentials Of Economics

ISBN: 9781429218290

2nd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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