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Assume that the balance-of-payments accounts for a country are recorded correctly. Balance on the current account = BCA = $130 billion Balance on the capital
Assume that the balance-of-payments accounts for a country are recorded correctly. Balance on the current account = BCA = $130 billion Balance on the capital account = BKA= -$86 billion Balance on the reserves account = BRA =? The balance on the reserves account (BRA), under the fixed exchange regime is 0 -$44 billion $216 billion $44 billion none of the options
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