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1(a) A country should always try to maintain a balance of payments (BoP) surplus and avoid a balance of payment deficit. Do you agree? Illustrate
1(a) A country should always try to maintain a balance of payments (BoP) surplus and avoid a balance of payment deficit. Do you agree? Illustrate with a country having BoP surplus and another country having BoP deficit of your choice. (20 marks)
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