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In a Small Open Economy, If the World Real Interest

question 16

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In a small open economy, if the world real interest rate is above the rate at which national saving equals domestic investment, then there will be a trade ______ and ______ net capital outflow.


Definitions:

Intelligence Test

A standardized assessment designed to measure human intelligence and cognitive abilities.

Actual Age

The exact chronological age of an individual, usually expressed in years.

Wechsler Intelligence Scale for Children

A standardized test designed to measure intelligence and cognitive ability in children between the ages of 6 and 16.

Stanford-Binet Intelligence Scales

A standardized test designed to assess intelligence and cognitive abilities, originally developed as an instrument for measuring IQ in children and adults.

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