Why must the current account balance equal the value of the capital account balance (in opposite sign)?

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Why must the current account balance equal the value of the capital account balance (in opposite sign)? (LG 9-1)

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Financial Markets And Institutions

ISBN: 9780078034664

5th Edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jul 24, 2024 05:04 AM

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Why must the current account balance equal the value of the capital account balance (in opposite sign)?

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Financial Markets And Institutions

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