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1.Interpret the macro meanings of the current account balance and the overall balance, respectively. 2. Interpret the accounting principles for the BOP, and give several

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1.Interpret the macro meanings of the current account balance and the overall balance, respectively. 2. Interpret the accounting principles for the BOP, and give several examples for the accounting in BOP 3. What are the major types of transactions or activities that result in demand for foreign currency in the spot foreign exchange market

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