What does the IB curve show? Why is it positively inclined? What does the EB curve show?

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What does the IB curve show? Why is it positively inclined? What does the EB curve show? Why is it positively inclined? Why is the EB curve usually flatter than the IB curve? Why should the nation use fiscal policy to achieve internal balance and monetary policy to achieve external balance? What happens if the nation does the opposite?
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International Economics

ISBN: 978-1118955765

12th edition

Authors: Dominick Salvatore

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