What is meant by adjustment in the balance of payments


Problem

What is the balance of payments, and what are foreign exchange markets? What is meant by adjustment in the balance of payments? Why are these topics known as the macroeconomic aspects of international economics? What is meant by open-economy macroeconomics and international finance?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: What is meant by adjustment in the balance of payments
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