Question
1.If a country experiences an increase in inflation relative to other countries, then their current account will increase. 2.If a country experiences an increase in
1.If a country experiences an increase in inflation relative to other countries, then their current account will increase.
2.If a country experiences an increase in national income relative to other countries, then their current account will decrease.
please explain the concepts towards this
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
