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Oceania is a small open economy. With the development of some promising technologies, a large number of very big foreign firms increase investment in robotic

Oceania is a small open economy. With the development of some promising technologies, a large number of very big foreign firms increase investment in robotic guide dogs, sweat-powered smartwatches, and heart monitoring t-shirts.

a. What happens to the world interest rate?

c. What happens to domestic investment in Oceania? d. What happens to Oceania's trade balance?

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