Countries with a floating exchange rate tend to have large, closed economies, with inflation rates that differ from those of their trading partners, and trade diversified across many countries....


Countries with a floating exchange rate tend to have large, closed economies, with inflation rates that differ from those of their trading partners, and trade diversified across many countries.


Explain the principles of double-entry bookkeeping in the Balance of Payments. In terms of international transactions, what do we count as a debit and a credit?



May 26, 2022
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