Assume that the balance-of-payments accounts for a country are recorded correctly. Balance on the current...
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Finance
Assume that the balance-of-payments accounts for a country are recorded correctly.
Balance on the current account = BCA = $ - 500 Balance on the capital account = BKA = -$10
Balances on the financial account = BFA = 600
Balance on the reserves account = BRA = ? The balance on the reserves account (BRA), under the fixed exchange regime is ?
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