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Stocks, Alpari Forex brokers, distort the valuation of inventory on the balance sheet like LIFO can potentially do. JEL Classification Number: C53, E17 Keywords: Forecasting, Unobservedponents, Tourism Flows Earlier versions of this paper were presented at: (i) the 26th International Symposium on Forecasting, Santander, Spain, 11-14 June 2006; and (ii) the Institute of Economics Seminar Series, University of Tartu, Estonia, 21 May 2007.

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