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06-06-2023
Business

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For questions 16-18 Assume we have two countries intitially closed off from international trade - Country A and Country B. Assume Country A has a relative abundance of capital, while Country B has a relative shortage of canital ∗∗∗ Prior to opening for trade, the interest rate in Country A would be _____ the interest rate in a. higher than b. lower than
c. the same as

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