Weak economies with shrinking incomes tend to buy more of everything, including imports.
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Q206: A country's balance of payments summarizes all
Q207: The current international monetary system is
A)a flexible
Q208: Which of the following contributed to the
Q209: Critics of the current system of flexible
Q210: Managed float means
A)a fixed exchange rate system
Q212: Which of the following is not considered
Q213: Which of the following best describes circumstances
Q214: Which of the following is not a
Q215: President Nixon "closed the gold window"
A)as a
Q216: In "closing the gold window" in 1971,
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