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    Macroeconomics Study Set 68
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    Exam 21: The Balance of Payments, Exchange Rates, and Trade Deficits
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    What Are the Major Components of the Current Account in the Balance
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What Are the Major Components of the Current Account in the Balance

Question 157

Question 157

Essay

What are the major components of the current account in the balance of payments? How is the
current account balance determined?

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The current account summarizes United St...

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