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Economics 13th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
Edition 13ISBN: 9780538754279Economics 13th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
Edition 13ISBN: 9780538754279 Exercise 6
Explain why the current-account balance and capital-account 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 13th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
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