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Essay

The external balance

Essay specific features

 

Issue:

Business

 

Written by:

Charles T

 

Date added:

July 1, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 295

 

Was viewed:

9476 times

 

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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...
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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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