ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Who issues currency in India?
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- I got confused with this one and thought the transaction would not be recorded in the balance of payment because it doesnt say that the new jersey company is owned by a foreign resident. Since both New York and New Jersey are within the same country, the transaction would not involve any international trade or financial flows that affect the balance of payments of the United States. Thats what I thought but I am not surearrow_forwardwhat is a speculative attack on a currency. How does it work. Provide a real world example.arrow_forwardDoes it help a country to expel one foreign power and be under the control of another country? How?arrow_forward
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