Determine demand of british pound in foreign exchange market

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Reference no: EM13184479

Why can't all the balance of payments accounts be in surplus? What factors determine the demand for British pounds in foreign exchange markets? How are exchange rates determined under a flexible exchange rate system?

Reference no: EM13184479

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Determine demand of british pound in foreign exchange market : Why can't all the balance of payments accounts be in surplus What factors determine the demand for British pounds in foreign exchange markets? How are exchange rates determined under a flexible exchange rate system

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