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International Economics 14th Edition by Thomas Pugel
Edition 14ISBN: 978-0071280792International Economics 14th Edition by Thomas Pugel
Edition 14ISBN: 978-0071280792 Exercise 4
"Consider a country whose assets are not held by other countries as official international reserves. If this country has a surplus in its official settlements balance, then the monetary authority of the country is decreasing its holdings of official reserve assets." Do you agree or disagree Explain.
Explanation
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Disagree. If the country has a surplus (...
International Economics 14th Edition by Thomas Pugel
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