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| Savings in an open Economy |
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| Intangible, Debt forgivness, trademarks copyrights |
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Currnet Account + Financial Account +
Capital Account = 0 |
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| Official reserve Transaction |
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A countries resevee of foriegn assets to increase stability |
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Relative price = Exchange rate X Price foreign
Price domestic |
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Current Exchange rate currently |
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Preset exchange rate for future exchange
MAY DEFAULT |
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| Similar to overnight fund... You must purchase at spot rate but repay at forward rate |
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