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If Desired Saving Increases in a Small Open Economy,net Exports

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If desired saving increases in a small open economy,net exports (net capital outflow)rise.What happens to net exports if desired saving rises in most of the world's economies at the same time?


Definitions:

James McCune Smith

The first African American to earn a medical degree, achieving this distinction in 1837, and a prominent abolitionist and intellectual of the 19th century.

Black Inferiority

A false and debunked belief propagated especially during the era of slavery and segregation that suggests that black people are naturally lesser in various aspects compared to other races.

American Geographical Society

A professional organization founded in 1851 dedicated to the advancement of geographical research and education in the United States.

Kansas-Nebraska Act

A 1854 law that created the territories of Kansas and Nebraska and allowed the settlers to decide on the legality of slavery within the territories.

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