Using an equation, explain why governments prefer to avoid excessive current account surpluses?
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Q17: A current account surplus
A) poses a problem
Q18: A sudden increase in the U.S. price
Q19: Countries where investment is
A) relatively unproductive should
Q20: Countries where investment is relatively
A) productive should
Q21: Under the price-specie-flow mechanism, what happens when,
Q23: What is the nature of the trilemma
Q24: Which of the following is one component
Q25: Until the United States Civil War, The
Q26: L. Frank Baum's classic 1900 children's book,
Q27: The case of New Zealand, described in
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