Use the national income identities accounting equations


Use the national income identities (accounting equations) studied at the beginning of the term to identify two plausible scenarios under which the Maltese current account surplus (estimated at 4.4% of GDP for 2016) could in principle shrink in the years ahead. (A theoretical discussion, not an actual forecast based on current events, is called for here.) Explain.

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Business Economics: Use the national income identities accounting equations
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