Oligopolistic Lending Fuels Imbalanced Global Trade, Reshaping Economic Landscapes
The article looks at how competition affects borrowing and lending between countries. One country has many sellers, while the other has only a few. When they start trading, the country with few sellers becomes a lender, and the country with many sellers becomes a borrower. The lender country ends up with more money coming in than going out, while the borrower country has more money going out than coming in.