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The external balance
Essay specific features
Written by:
Charles T
Date added:
July 1, 2017
Level:
University
Grade:
A
No of pages / words:
2 / 295
Was viewed:
9484 times
Rating of current essay:
Essay content:
If imports exceed exports, this must be financed by borrowing money or by running down savings held abroad.
CURRENT ACCOUNT DEFICIT: When imports exceed exports
Deficit problems: Foreign banks may refuse to lend any more money. This leads to a cut in domestic spending to curb the demand for imports...
displayed 300 characters
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If imports exceed exports, this must be financed by borrowing money or by running down savings held abroad.
CURRENT ACCOUNT DEFICIT: When imports exceed exports
Deficit problems: Foreign banks may refuse to lend any more money. This leads to a cut in domestic spending to curb the demand for imports...
displayed 300 characters
General issues of this essay:
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