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SOLUTIONS TO EXERCISES

SOLUTIONS TO EXERCISES

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trade credit for the full value of the shipment (equal to GBP 100 ). How should this transaction be recorded in the BOP of the UK? A5. Use: Imports -100; Source: Trade Credit + 100 (short-term inward invest­ ment). 6. Tumbikti, a country on the Atlantis continent, has a government deficit of 40

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