What is the current account generally composed of

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Reference no: EM13936267

1 Balance of payments.

a What is the current account generally composed of?

b What is the financial account generally composed of?

2 Inflation effect on trade.

a How would a relatively high home inflation rate affect the home country's current account, other things being equal?

b Is a negative current account harmful to a country? Discuss.

3 Government restrictions. How can government restrictions affect international payments among countries?

4 IMF.

a What are some of the major objectives of the IMF?

b How is the IMF involved in international trade?

Reference no: EM13936267

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