Keynesian theory asserts that,under a system of fixed exchange rates,the influence of income changes in surplus and deficit countries will automatically promote current-account equilibrium.

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Keynesian theory suggests that under fixed exchange rates, changes in national income levels in surplus and deficit countries can help adjust the current account balance, as income changes affect import and export levels, promoting equilibrium.

Keynesian Theory Asserts That,under a System of Fixed Exchange Rates,the