=+while the countrys payments on liabilities to foreigners were $456.0 billion (line 30). Yet we saw in

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=+while the country’s payments on liabilities to foreigners were $456.0 billion (line 30).

Yet we saw in this chapter that the United States is a substantial net debtor to foreigners. How, then, is it possible that the United States received more foreign asset income than it paid out?

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International Economics

ISBN: 9780132146654

9th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz

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