Question: Could you please answer all of these question please. Thank you so much, thumb up for sure . :) A. In a freely floating exchange
Could you please answer all of these question please. Thank you so much, thumb up for sure . :)
A. In a freely floating exchange rate system, if the current account is running a deficit, what are the consequences for the nation's balance on capital account and its overall balance of payments? (2 marks) B. What is likely to happen to the value of the U.S. dollar as the U.S current-account deficit increases? Explain
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