Draw a rough sketch of the flows of imports exports and the, Econometrics

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Draw a rough sketch of the flows of imports exports and the

Suppose we extend the circular flow model to add imports and exports. Copy the circular flow diagram onto a sheet of paper and then add a foreign country as a third agent. Draw a rough sketch of the flows of imports, exports, and the payments for each on your diagram.

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Econometrics: Draw a rough sketch of the flows of imports exports and the

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Econometrics: Draw a rough sketch of the flows of imports exports and the

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