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The Following Table Shows the Balance of Payments Statement of Transylvania

Question 73

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The following table shows the balance of payments statement of Transylvania for 2013.All the figures are in billions of dollars. The following table shows the balance of payments statement of Transylvania for 2013.All the figures are in billions of dollars. Refer to the above data.In a flexible exchange-rate system, the balance of payments position of Transylvania would cause the international value of its currency to depreciate. Refer to the above data.In a flexible exchange-rate system, the balance of payments position of Transylvania would cause the international value of its currency to depreciate.

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