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    Macroeconomics Study Set 43
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    Exam 18: A: The Balance of Payments and Exchange Rates
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    Explain How a Nation Might Persistently Import More Goods Than
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Explain How a Nation Might Persistently Import More Goods Than

Question 9

Question 9

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Explain how a nation might persistently import more goods than it exports and still maintain equilibrium in its balance of payments.

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