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Economics 14th Edition by James Gwartney,Richard Stroup, Russell Sobel ,David Macpherson
Edition 14ISBN: 978-1133561644Economics 14th Edition by James Gwartney,Richard Stroup, Russell Sobel ,David Macpherson
Edition 14ISBN: 978-1133561644 Exercise 4
Explain why the current-account balance and capitalaccount balance must sum to zero under a pure flexible rate system.
Explanation
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As we know that sum of the debit and cre...
Economics 14th Edition by James Gwartney,Richard Stroup, Russell Sobel ,David Macpherson
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