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Social Studies, 16.03.2020 22:39 majakvcvc77
In 2009, U. S. liabilities were dollar-denominated corporate and official debt for the most part, while U. S. external assets were mostly equities, bank loans, government debt, and foreign direct investment, denominated in foreign currencies. When the dollar fell in the wake of the financial crisis, what net effect was there on U. S. external wealth?
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In 2009, U. S. liabilities were dollar-denominated corporate and official debt for the most part, wh...
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