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ice5192 ice5192
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6 years ago
The balance of payments is zero
A) because each transaction has equal and opposite entries in the accounts.
B) because market forces ensure that this is so.
C) only if the current account balance is zero.
D) only if the capital account balance is zero.
E) if the capital inflows equal capital outflows.
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Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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6 years ago
A
ice5192 Author
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5 years ago
Thank you
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