Ray Keating looks at trade and international investment courtesy of the balance of payments. Keating explains the current account, the capital account, and more, and sums up that the U.S. runs a capital account surplus because it’s an attractive place to invest.
Ray Keating looks at trade and international investment courtesy of the balance of payments. Keating explains the current account, the capital account, and more, and sums up that the U.S. runs a capital account surplus because it’s an attractive place to invest.