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book International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz cover

International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz

Edition 10ISBN: 978-0133423648
book International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz cover

International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz

Edition 10ISBN: 978-0133423648
Exercise 2
Under a gold standard of the kind analyzed by Hume, describe how balance of payments equilibrium between two countries, A and B , would be restored after a transfer of income from B to A.
Explanation
Verified
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According to Hume, under gold standard a...

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International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz
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