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    Exam 19: International Monetary Systems: an Historical Overview
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    Why Do Governments Prefer to Avoid Excessive Current Account Surpluses
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Why Do Governments Prefer to Avoid Excessive Current Account Surpluses

Question 11

Question 11

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Why do governments prefer to avoid excessive current account surpluses?
Or, why are growing domestic claims to foreign wealth ever a problem?

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For a given level of national saving, an...

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