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Q1 what are the 3 parts of a current account? Q2 what are the 3 parts of import/export? Q3 What does a trade deficit say

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Q1 what are the 3 parts of a current account? Q2 what are the 3 parts of import/export? Q3 What does a trade deficit say about the current account and NX=X-MB Q4 What does a NCO > 0 mean? (don't just say outflow > inflow)

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