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In 2010, China's overall savings rate was nearly 51% of GDP, the highest in the world. China's domestic investment rate, at 43%, was also
In 2010, China's overall savings rate was nearly 51% of GDP, the highest in the world. China's domestic investment rate, at 43%, was also high, but not as high as its savings rate. What do these facts imply about China's current-account balance in 2010?
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ANSWER Chinas high savings rate suggests that there is a large pool of ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
