What is the connection, At the same time, the dollar

What is the connection

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Reference no: EM131167658

If you look at data on the website of the Bureau of Economic Analysis, you will see that between the end of 2003 and the end of 2007, the net foreign debt of the United States rose by far less than the sum of its current account deficits over those years.

At the same time, the dollar depreciated. What is the connection? (Hint: The United States borrows mostly in dollars but has substantial foreign currency assets.)

Reference no: EM131167658

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