What does the open market clearing model predict about the association of the real current account balance and real GDP growth and what do the data on the UK show?
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Q50: What is the real current account balance?
Q51: If the government reduces tariffs or quotas
Q52: If the government imposes or increases tariffs
Q53: If the government imposes or increases tariffs
Q54: Does a government budget deficit lead to
Q55: If the government reduces tariffs or quotas
Q56: If the government reduces tariffs or quotas
Q58: What are the effects of reducing tariffs
Q59: An increase in the terms of trade:
A)raises
Q60: An increase in the terms of trade:
A)reduces
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