Discuss briefly, why the Balance of Payments is always balanced for an economy with a floating exchange rate. Use examples to illustrate in your answer
Discuss briefly, why the Balance of Payments is always balanced for an economy with a floating exchange rate. Use examples to illustrate in your answer
Chapter22: International Finance
Section: Chapter Questions
Problem 12QP
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Discuss briefly, why the Balance of Payments is always balanced for an economy with a floating exchange rate. Use examples to illustrate in your answer.
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