Re: Why must the Capital Acc. = the Current Acc.?
From: Lantern (gchand4059_at_aol.com)
Date: 02/24/05
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Date: 24 Feb 2005 14:28:41 -0800
I read the current account and capital must be equal because of the
accounting defintions used in the equation. (Savings minus investments
equals exports minus imports). The definitions of "savings" and
"investments" are tricky, economics, technical terms which makes the
equation work.
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