Cavallo, Michele (contributor); Tille, Cédric (contributor) - 2006
however. In particular the U.S. trade balance adjusts faster under the
alternative scenarios, as the U.S. is not shielded from … account, in dollars, is the sum of net interest income and the trade
balance, the later being the difference between the value … rest of the world are
also improved. With the current account being the sum of these payments and the trade balance,
the …