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Business, 07.08.2021 02:00 sierravick123owr441
A current account deficit always causes huge problems for a nation’s economy. A nation’s current account deficit can be caused by a net financial inflow. Decreasing a current account deficit is entirely in the hands of the home nation. Using a current account deficit to finance domestic consumption may result in a burden for a nation’s economy. A successful reduction of a nation’s current account deficit must be supported by complementary policies in foreign nations with large current account surpluses.
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A current account deficit always causes huge problems for a nation’s economy. A nation’s current...
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