Assume that there are only three countries in the world: Amazonia, Babylonia and Carthaginia. Amazonia has a

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Assume that there are only three countries in the world: Amazonia, Babylonia and Carthaginia. Amazonia has a current account deficit of 20 and Babylonia has a financial account surplus of 30.

a. Calculate Amazonia’s financial account and Babylonia’s current account.

b. Calculate Carthaginia’s financial account and current account.

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International Economics

ISBN: 978-1429278447

3rd edition

Authors: Robert C. Feenstra, Alan M. Taylor

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Posted Date: Mar 03, 2024 03:02 AM

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Assume that there are only three countries in the world: Amazonia, Babylonia and Carthaginia. Amazonia has a

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International Economics

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