Time 1. The current account deficit (CAD) is expected to be at least $40 billion, by the end of 2022, which is the resul

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Time 1. The current account deficit (CAD) is expected to be at least $40 billion, by the end of 2022, which is the resul

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Time 1 The Current Account Deficit Cad Is Expected To Be At Least 40 Billion By The End Of 2022 Which Is The Resul 1
Time 1 The Current Account Deficit Cad Is Expected To Be At Least 40 Billion By The End Of 2022 Which Is The Resul 1 (17.95 KiB) Viewed 23 times
Time 1. The current account deficit (CAD) is expected to be at least $40 billion, by the end of 2022, which is the result of savings gap (S<1). If we are to finance a part of our investments by borrowing from abroad, can Turkey handle this problem with export policies like China? If so, why the export promotion policies of the government, based on the depreciation of TL, could not succeed? Consider the very low exchange rate elasticity of imports and of exports in Turkey and discuss why imports cannot decrease and exports cannot increase enough to compensate the trade deficit with devaluation
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