In early 2017, a Chinese news service noted, The country will continue to run a current account
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In early 2017, a Chinese news service noted, “The country will continue to run a current account surplus, as well as a … financial account deficit in 2017.” After reading this account, a student comments, “I thought Chinese exports were very strong, so I don’t understand why the country is expected to run a financial account deficit.” Clear up the student’s confusion.
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Strong exports lead to a c...View the full answer
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