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1.) Balance of Payments a. What are the main components of the current account? b. What are the main components of the capital account? 2.)
1.) Balance of Payments a. What are the main components of the current account? b. What are the main components of the capital account?
2.) Inflation Effect on Trade a.) How would a relatively high home inflation rate affect the home countrys current account, other things being equal? b.) Is a negative current account harmful to a country? Discuss.
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