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An open economy interacts with other countries in two ways. Funds and the market for foreign-currency exchange.
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An open economy is one that interacts freely with other economies around the world.
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19 A Macroeconomic Theory Of The Open Economy 16concepts and vocabulary of the open economy.
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On Download Pdf Ebook The market for loanable funds which coordinates the economys saving investment and the flow of loanable funds abroad called the net capital outflow and the market for foreign currency exchange which coordinates people who want to exchange the domestic currency for the currency of.
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