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Suppose There Was a Substantial Increase in Political Instability in the Rest

question 94

Essay

Suppose there was a substantial increase in political instability in the rest of the world. What would be the effects on the U.S. current account? Explain.


Definitions:

Litany

A repetitive or prolonged series of complaints or grievances.

Compliments

Expressions of praise or admiration towards someone, often used to affirm positive qualities or achievements.

Flatter

To give excessive and insincere praise to someone, often to gain favor or advantage.

Necessary

Something that is required or essential to achieve a certain outcome or to maintain a condition.

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