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Category > Economics Posted 25 May 2017 My Price 5.00

Devaluation is often used by countries to improve their current accounts

Devaluation is often used by countries to improve their current accounts. Since the cur-rent account equals national saving less domestic investment, however (see Chapter 12), this improvement can occur only if investment falls. saving rises. or both. How might devaluation affect national saving and domestic investment?

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Alpha Geek
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Status NEW Posted 25 May 2017 10:05 AM My Price 5.00

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file 1495709623-Answer.docx preview (104 words )
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