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Maltese current account surplus

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Use the national income identities (accounting equations) studied at the beginning of the term to identify two plausible scenarios under which the Maltese current account surplus (estimated at 4.4% of GDP for 2016) could in principle shrink in the years ahead. (A theoretical discussion, not an actual forecast based on current events, is called for here.) Explain.

Reference no: EM131424154

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