matthewmalte1945 matthewmalte1945

05-04-2024
Business

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Under the fixed exchange rate regime, the combined balance on the current accounts will be equal in size, but opposite in sign and are illustrated by the equation:
O BCA + BKA + BFA – BRA = 0
O BCA + BKA + BFA = -BRA
O BCA + BKA + BFA = BRA
O BRA = -BCA

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