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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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    What Is the Economic Meaning of Having a Positive Balance
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What Is the Economic Meaning of Having a Positive Balance

Question 7

Question 7

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What is the economic meaning of having a positive balance in the capital account for a country?

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When the balance on capital account is p...

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