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Suppose you have the following balance of payment account balances for a country (in millions of dollars) Year 1 2 3 4 5 CA 85
Suppose you have the following balance of payment account balances for a country (in millions of dollars) Year 1 2 3 4 5 CA 85 95 115 125 150 FA -100 -105 -110 -115 -125 For each year calculate the country's official reserve (OR) account balance and very briefly(one, very short sentence) describe the expected behavior of the real value of its currency over the five-year period. Suppose you have the following balance of payment account balances for a country (in millions of dollars) Year 1 2 3 4 5 CA 85 95 115 125 150 FA -100 -105 -110 -115 -125 For each year calculate the country's official reserve (OR) account balance and very briefly(one, very short sentence) describe the expected behavior of the real value of its currency over the five-year period
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