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Problem 2 (Midterm 2020): Mongolia experienced in 2017 a greater demand for coal from other countries. The greater demand incentivized an investment surge in the
Problem 2 (Midterm 2020): Mongolia experienced in 2017 a greater demand for coal from other countries. The greater demand incentivized an investment surge in the mining sector. You can assume that Mongolia is a small open economy in the international funds market and that Mongolia has a current account decit, CAMNG
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