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Please answer A-C in full sentence 5. International Trade and Foreign Exchange ( 20) a. Define trade surplus and trade deficit. Use examples to explain

Please answer A-C in full sentence

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5. International Trade and Foreign Exchange ( 20) a. Define trade surplus and trade deficit. Use examples to explain the difference between the current account and the capital account.( in b. Explain the difference between appreciation and depreciation. Use supply and demand of US dollars to fully explain a situation that would cause the US dollar to depreciate. ( c. How Monetary Policy Affects Exchange Rates Practice Sheet ( /10)

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