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    Exam 16: Theories of the Current Account Balance
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    The Elasticities Approach and the Absorption Approach Are Theories of the Balance
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The Elasticities Approach and the Absorption Approach Are Theories of the Balance

Question 33

Question 33

True/False

The elasticities approach and the absorption approach are theories of the balance of trade that emphasize trade in real goods and have little to say about the capital account.

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