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Unformatted text preview: Openness = (Ex-Imp)/GDP NCO(r-r*) (-ve related) =lending to iraq- borrow from iraq Exports & Borrowing from RoW Supply of f/x Imports & Lending to RoW Demand for f/x...
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This note was uploaded on 04/26/2010 for the course ECON 101 taught by Professor Staff during the Spring '08 term at Vassar.
- Spring '08