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Policy makers are often concerned about the level of the current account. An excessive imbalance in the current accounteither a surplus or a deficit (E
Policy makers are often concerned about the level of the current account. An excessive imbalance in the current accounteither a surplus or a deficit (E {:2- A. will have no effects on aggregate demand. {:3 B. may turn a country into a developed or less-developed one. 1::2- C. may have undesirable longrun effects on national welfare. {:2- D. will have no effects on national welfare
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