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Suppose the following transaction takes place. The U.S. government forgives a US$100 million debt owed by Country A. For Country A, this counts as a
Suppose the following transaction takes place. The U.S. government forgives a US$100 million debt owed by Country A. For Country A, this counts as a Answer (current account ,capital account or financial account) credit(+), and a Answer (current account ,capital account or financial account) debit(-). This transaction Answer (Raises , reduces , or does not affect) the external wealth of Country A
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Bookkeeping All In One For Dummies
Authors: Consumer Dummies
1st Edition
1119094216, 978-1119094210
