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A Small Open Economy Has Exports Equal to 10,imports Equal

question 23

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A small open economy has exports equal to 10,imports equal to 6,foreign debt equal to 20.The world interest rate is 10 percent.The country's current account balance is:


Definitions:

Agoraphobia

An anxiety disorder characterized by an intense fear of places and situations where it might be difficult to escape or get help.

Toxicity

The degree to which a substance can harm humans or animals, with effects ranging from minor irritation to lethal outcomes.

Side Effect

Unintended and usually adverse effects of a drug or medical treatment, distinct from the desired effect.

Antipsychotic Drugs

Medications that are used to treat symptoms of psychosis such as delusions and hallucinations, commonly found in schizophrenia and bipolar disorder.

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