Business
Business, 07.05.2021 15:50, Emptypockets451

New Zealand is growing relatively quickly and has begun to attract large inflows of foreign direct investment. While New Zealand relishes the benefit of the inflows, it is concerned about the potential negative effects if the foreign investors pull out their investments quickly. One particular reason for New Zealand to be concerned is that its banks have taken out large loans denominated in U. S. dollars and European euros from foreign banks. If the foreign direct investment is withdrawn quickly from New Zealand, what will be the effect on each of these items

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