Discuss the elements that make up australia current account

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Reference no: EM1347933

Yesterday's newspaper reported the results of a study indicating that people who eat more bananas are more attractive to the opposite sex. What do you expect to happen to the market price and quantity of bananas?

Discuss the elements that make up Australia's Current Account. Outline the cyclical and structural factors that have caused Current Account Deficits in the last decade. Evaluate the consequesnces of a high CAD for the Australian economy and indicate reasons why it must be lowered


Reference no: EM1347933


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