Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Gambia has its interest rates at 5%. The US decided to raise interest rates to 7% which has attracted investors. Most of the foreign investors
Gambia has its interest rates at 5%. The US decided to raise interest rates to 7% which has attracted investors. Most of the foreign investors in Gambia decide to leave the country with their money to invest in the US. What are the consequences of the action of investors to Gambia? What economic, financial, and international actions are available for Gambia with the financial and liquidity flight from the country by investors?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started