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Studying for a test? Prepare with these 2 lessons on Foreign exchange and trade.
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Video transcript
let's see if we can give ourselves an intuitive understanding of why the current account balance and the capital account balance nets out, and over here I have simplified versions of the current account and the capital account for the U.S. in 2007 and we'll go line by line and think about what this is saying and also think about the big picture