Thread started: Apr 25 2008, 9:21 AM EDT
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When two countries trade, most times one country ends up with a positive current account and a negative capital account while the other country ends up with a negative current account and a positive capital account. ( such as China and the U.S). What are the advantages and disadvantages of both sides? Which country would you rather be? why?
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RE: Current Accout and Captial Account
By: drewvenkatraman,
May 4 2008, 5:03 AM EDT
I think that its hard to say that CHina has the upper hand, because proportionally speaking the u.s. is getting more bang for its buck than china is for export, both of these countries do need eachother
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