Describe Alternative Forms of Capital Inflow to Finance External Deficits

question 49

Essay

Describe alternative forms of capital inflow to finance external deficits and explain why these methods were used in different times?

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Definitions:

Persecution

The act of harassing or oppressing someone, especially because of their race, religion, gender, or political beliefs.

Eighteenth Century

The period from 1701 to 1800, marked by significant developments in arts, science, and politics, including the Enlightenment and the American Revolutionary War.

Social Contract

A theory in political philosophy suggesting that the moral and political obligations of individuals are dependent upon a contract among them to form the society in which they live.

Monarchs

Heads of state who are the reigning sovereigns of a monarchy, ruling until death or abdication.