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Let's say that you have a strong fear of flying. To treat this fear, your therapist asks you to imagine entering a plane and fly until you are no longer showing anxiety. Your therapist has just used the technique of
Foreign Assets
Financial assets or investments that are located in a country other than the investor's home country.
Open Economy
An economy that engages in international exchange of goods, services, and capital.
National Saving
The total amount saved by the government, households, and the business sector in an economy.
Net Capital Outflow
The difference between the purchase of domestic assets by foreigners and the purchase of foreign assets by domestic residents over a specific period, reflecting the flow of capital out of and into a country.
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