Statistics on a country's balance of payments are used by the business press and business itself often

Question:

Statistics on a country's balance of payments are used by the business press and business itself often in terms of predicting exchange rates, but the academic profession is highly critical of it. Why?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Multinational Business Finance

ISBN: 978-0133879872

14th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

Question Posted: