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Describe the different accounts of the Current Account of the balance of payments. Discuss the trilemma Expound the effect of a devaluation of a currency,
- Describe the different accounts of the Current Account of the balance of payments.
- Discuss the trilemma
- Expound the effect of a devaluation of a currency, as a policy measure in the context of the J effect.
- Elucidate the diverse components of the Financial Account of the Balance of Payments.
- Analyze the demand reasons for trade of Stephan Burmeister Linder.
- Evaluate flexible and fixed exchange rates.
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