How is the equilibrium level of national income determined in a small open economy? What is the

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How is the equilibrium level of national income determined in a small open economy? What is the value of the foreign trade multiplier (k')?

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International Economics

ISBN: 978-1118955765

12th edition

Authors: Dominick Salvatore

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Question Posted: Oct 27, 2017 09:35 AM

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How is the equilibrium level of national income determined in a small open economy? What is the

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In a small open economy along with domestic investment and consumption expenditure foreign activities of nation like export and importers important fo...View the full answer

International Economics

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