[SOLVED] Balance of Payments

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May 14th, 2022

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Select a country of your choice and observe the last balance of payments issued by that country:

Does the country run a current account deficit or surplus?
What are the driving factors for the deficit or surplus?
What are the implications of the current account deficit or surplus for the overall economy?
What actions may better the nations situation?Explain.

Directions:

Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more.
Book: International Economics by Carbaugh 15^th ed.
APA Style.
300-400 words

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