Solution-Why might not extend argument to financial

Why might not extend argument to financial transactions

Reference no: EM13885503

The argument in favor of current account convertibility (free trade) is that it leads to gains from trade. Are there any reasons you can think of why we might not be able to extend this argument to the financial transactions of the capital account? Or to put it differently, are there any ways that financial markets differ from merchandise and service markets?

Reference no: EM13885503

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Why might not extend argument to financial transactions

Reference no: EM13885503

Reference no: EM13885503

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