Explain why nation has a deficit in its balance of payments, International Economics

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Explain why nation has a deficit in its balance of payments

Problem

Suppose that a nation's nominal GDP = 100, V = 4, and Ms = 30. Explain why this nation has a deficit in its balance of payments.

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: Explain why nation has a deficit in its balance of payments

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International Economics: Explain why nation has a deficit in its balance of payments

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