If a country is an international borrower, then its domestic real interested rate is _________ the international real interested rate. a. Higher than  b. lower than c. the same  d. uncertain

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
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Problem 12SCQ: If a country is running a government budget surplus, why is (T - G) on the left side of the...
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If a country is an international borrower, then its domestic real interested rate is _________ the international real interested rate.

a. Higher than 

b. lower than

c. the same 

d. uncertain

 

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