Exercise 5 Consider an economic environment identical to that developed in Section 8.4. What conditions must be
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Exercise 5 Consider an economic environment identical to that developed in Section 8.4. What conditions must be met for the system formed by the portfolio balance relation and the external balance relation to be locally stable? Present an economic interpretation for this result.
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Principles Of International Finance And Open Economy Macroeconomics Theories Applications And Policies
ISBN: 9780128022979
1st Edition
Authors: Cristina Terra
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