Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi, my lecturer requires me to use intertemporal model to explain the country is lender or borrower of the world. my chosen country is Japan

Hi, my lecturer requires me to use intertemporal model to explain the country is lender or borrower of the world.

my chosen country is Japan and obviously this country is lender.

For the explanation, I said it because the current account of this country is surplus => lender.

Is it true and enough for explanation.

Can you suggest me what should I add in my answer to make it more detail ?

This is real interest rate of Japan

image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Economic Relations Since 1945

Authors: Catherine R Schenk

2nd Edition

1351183567, 9781351183567

More Books

Students also viewed these Economics questions

Question

1. Offer surprise rewards for good participation in class.

Answered: 1 week ago

Question

2. In what way can we say that method affects the result we get?

Answered: 1 week ago