What does a negative financial account balance mean for the economy of the country concerned? For Example, Until 2013 the financial account was presented like other accounts, in credit and debit. But after 2013, the principle of recording changed

What does a negative financial account balance mean for the economy of the country concerned? For Example, Until 2013 the financial account was presented like other accounts, in credit and debit. But after 2013, the principle of recording changed

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter29: Exchange Rates And International Capital Flows

Section: Chapter Questions

Problem 24CTQ: Can you think of any major disadvantages to dollarization? How would a central bank work in a...

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What does a negative financial account balance mean for the economy of the country concerned?

For Example, Until 2013 the financial account was presented like other accounts, in credit and debit. But after 2013, the principle of recording changed.

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