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From course:

Economics A Level (DONEEEEEEE)

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Question:

Why do Governments want Equilibrium in the Balance of Payments [BoP]

Author: eric_galvao



Answer:

-Earnings of Exports and other Inflow to be Balancing the Spending on Imports and other Outflows -More Desirable than a Long Term Deficit, or Surplus in the BoP


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