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A European investor borrows $100,000 from an Australian bank, and uses the loan to buy a new Japanese machine that costs $100,000. The Japanese seller,
A European investor borrows $100,000 from an Australian bank, and uses the loan to buy a new Japanese machine that costs $100,000. The Japanese seller, then, invests this amount in Australian bonds. This transaction will be recorded in Australia's balance of payments as
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Fundamentals Of Strategy
Authors: Gerry Johnson, Kevan Scholes, Richard Whittington
2nd Edition
0273713108, 9780273713104
