
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 12
In 2010, U.S. investors purchased $50 billion in foreign assets, and foreigners purchased $100 billion in U.S. assets such as stocks and Treasury bills. In addition, U.S. businesses invested $150 billion in foreign factories and operations, while foreign companies invested $100 billion in U.S. factories and operations. What was the net capital outflow for the United States?
Explanation
Given Information:
• Country A's invest...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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