Answered

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Assume that investment opportunities are less in high-wealth countries and more in low-wealth countries. Now, if all barriers to international financial transactions are removed, borrowers in _____ countries lose and lenders in _____ countries gain.
a. low-wealth; low-wealth
b. high-wealth; low-wealth
c. high-wealth; high-wealth
d. low-wealth; high-wealth

Sagot :

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