3. A U.S. publisher sells $200 worth of books to a resident of Brazil. By itself, this...

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3. A U.S. publisher sells $200 worth of books to a resident of Brazil. By itself, this item is a credit item in the U.S. current account. Describe some offsetting transactions that could ensure that the U.S. current account and the capital and financial account balances would continue to sum to zero.

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Macroeconomics

ISBN: 126164

8th Edition

Authors: Andrew B. Abel, Ben Bernanke, Dean Croushore

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