If the balance in the current account increases by $2 billion while the capital account is off

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If the balance in the current account increases by $2 billion while the capital account is off $3.5 billion, what is the effect on governmental international reserves?

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Financial Markets and Institutions

ISBN: 978-0133423624

8th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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Question Posted: May 23, 2018 12:50 AM

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If the balance in the current account increases by $2 billion while the capital account is off

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Financial Markets and Institutions

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