Let a flexible exchange rate system. Assume a current account deficit of $100 billion. Then the capital account balance must be a . a surplus of something more than $100 million. b . a deficit of $100...


Let a flexible exchange rate system. Assume a current account deficit of $100 billion. Then the capital account balance must be


a . a surplus of something more than $100 million.


b . a deficit of $100 billion.


c . a surplus of $100 billion.


d . None of the answers is correct



Jun 06, 2022
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