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 increases the U.S. current account balance. Describe some off setting transactions that could ensure that the U.S.
current account and financial account balances would continue to sum to zero.
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Related Book For
Macroeconomics
ISBN: 9781292446127
11th Edition
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore
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