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For a small open economy with production and investment, what are the immediate effects on output and the current account when there is a rise

For a small open economy with production and investment, what are the immediate effects on output and the current account when there is a rise in the world interest rate? (15 Marks)

PLEASE DO NOT ANSWER IF YOU ARE JUST GOING TO C0PY AND PA5TE. HAVE ORIGINAL ANSWERS PLEASE OR ELSE YOU WILL GET A BAD REVIEW! THANKS.

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