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CHAPTER 18 OPEN ECONOMY MACRO: BASIC CONCEPTS 3 Closed Vs. Open Economies §A Closed Economy Does Not Interact With Other Economies In The World. § CHAPTER 18 OPEN ECONOMY MACRO: BASIC CONCEPTS 4 The Flow Of Goods & Services §Exports: Domestically-produced G&ssold Abroad §Imports: Foreign-produced G&ssold Domestically § ACTIVE L E A R N I N ... 15th, 2024
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