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From course:

Economics A Level (DONEEEEEEE)

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Question:

What does the Balance of Payments record?

Author: eric_galvao



Answer:

-The Flow of Money OUT of a Nation [Imported Goods eg] -The Flow of Money INTO a Nation [Exported Goods eg]] -It is also the Value of the Exports and Imports, not the Volume. Prices Changing can change the Balance of Payments


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