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Business, 05.05.2020 19:33, xxaurorabluexx
China has experienced twin surpluses for many years. If the current account balance was $250 billion and the total capital and financial account balance was $280 billion, assuming 0 net errors and omissions, the changes in foreign reserve account within the BOP should be equal to ___ nothing. During this period, the total Chinese foreign reserve should be nothing (increased or decreased) by nothing as the central bank of China was a net nothing (buyer or seller) of foreign currencies.
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China has experienced twin surpluses for many years. If the current account balance was $250 billion...
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