If a country imposes capital controls that result in its financial account balance being zero, would it

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If a country imposes capital controls that result in its financial account balance being zero, would it be possible for the country to run a current account deficit? Briefly explain.

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Jan 03, 2019 11:40 AM

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If a country imposes capital controls that result in its financial account balance being zero, would it

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Money, Banking, and the Financial System

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