Taiwans official reserve account. Assume that in 2012 Taiwan ran a surplus on its current account of
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Taiwan’s official reserve account. Assume that in 2012 Taiwan ran a surplus on its current account of US$125 billion and a capital account deficit of US$25 billion.
What would be the net impact on Taiwan’s official reserve account? Spell out your assumptions.
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In 2012 Taiwan had a current account surplus of US125 billion indicating t...View the full answer
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