HW 7 A - Course Econ 102-51 Prof Nural Aman Name Liwen Chen...

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Course: Econ 102-51 Prof: Nural Aman Name: Liwen Chen Date: 02-24-2015 1) "A balance of trade deficit must always be offset by net capital inflows from abroad." Agree or disagree with this statement and explain.
2) Suppose a Japanese firm buys a 1 year treasury bill with a face value of $10,000 today for $9400. If the value of the dollar declined from 90 to 80 yen during the year, what rate of return does the Japanese firm earn on its investment?

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