It is impossible for a country to have a current account surplus and a balance of payments deficit at the same time.
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Q1: Joining the Eurozone meant that countries could
Q3: In the U.S. current account, most of
Q4: The difference between the value of goods
Q5: Because an expansionary monetary policy decreases domestic
Q6: The euro was adopted solely for economic
Q7: If the U.S. price level rises relative
Q8: Expansionary fiscal policy definitely raises the exchange
Q9: If General Motors buys steel from Russia,
Q10: A country with limited official reserves is
Q11: Fixed exchange rates restrict macroeconomic policy more
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