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A country that runs out of official reserve assets cannot settle international debts. will have a current account deficit. will have a current account surplus.
A country that runs out of official reserve assets cannot settle international debts. will have a current account deficit. will have a current account surplus. is bankrupt
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Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
