5. Chinas overall saving rate is now nearly 50% of GDP, the highest in the world. Chinas...
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5. China’s overall saving rate is now nearly 50% of GDP, the highest in the world. China’s domestic investment rate, at 43%, is also high, but not as high as its saving rate. What do these facts imply about China’s current-account balance?
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International Financial Management
ISBN: 9781118929322
10th Edition
Authors: Alan C. Shapiro, Peter Moles
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