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    Principles of Macroeconomics Study Set 11
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    Exam 20: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    If the Current Account Is in Surplus What Must Be
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If the Current Account Is in Surplus What Must Be

Question 13

Question 13

Essay

If the current account is in surplus what must be true about the capital account? Why?

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The capital account would have...

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