Exhibit 3.6 indicates that in 1999, Germany had a current account deficit and at the same time

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Exhibit 3.6 indicates that in 1999, Germany had a current account deficit and at the same time a capital account deficit. Explain how this can happen.

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International Financial Management

ISBN: 978-1259717789

8th edition

Authors: Cheol Eun, Bruce G. Resnick

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