What is the good trade balance

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Reference no: EM133377038

Questions:

a) What is the good trade balance? (Numeric calculations required - Show your work)

b) What is the current account balance?(Numeric calculations required - Show your work)

c) Does the financial account equal the current account plus the capital account balance? (Numeric calculations required - Show your work)

d) What is the statistical discrepancy? (Numeric calculations required - Show your work)

e) Weigh the pros and cons of a large trade deficit.

 

Reference no: EM133377038

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