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mrive3127 mrive3127
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Posts: 509
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4 years ago
Any action that gives rise to a demand for foreign currency is a

▸ surplus item on the current, financial or capital account.

▸ deficit item on the current, financial or capital account.

▸ surplus item on the current account and a deficit item on the capital and financial accounts.

▸ deficit item on the current account and a surplus item on the financial and capital accounts.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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tlastertlaster
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Posts: 402
4 years ago
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mrive3127 Author
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4 years ago
Good timing, thanks!
wrote...

Yesterday
Brilliant
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2 hours ago
this is exactly what I needed
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