We consider two fictitious economies A and B with the following balance sheet on foreign...
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Accounting
We consider two fictitious economies A and B with the following balance sheet on foreign assets and liabilities. Assets and liabilities are expressed in the countries domestic currency and their currency composition is written in parenthesis. For the whole exercise, GDP in domestic currency is constant in both countries. Country A Country B a. Compute the net foreign asset position for these two countries. We consider two fictitious economies A and B with the following balance sheet on foreign assets and liabilities. Assets and liabilities are expressed in the countries domestic currency and their currency composition is written in parenthesis. For the whole exercise, GDP in domestic currency is constant in both countries. Country A Country B a. Compute the net foreign asset position for these two countries
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