The US is the world’s largest net debtor nation. What will happen to the US net International Investment Position (IIP) if the US runs Current-Account Surpluses for the next several years? Explain by using the definition for the net IIP and directional arrows over its components

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The US is the world’s largest net debtor nation. What will happen to the US net International Investment Position (IIP) if the US runs Current-Account Surpluses for the next several years? Explain by using the definition for the net IIP and directional arrows over its components.

 

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