Multiple Choice
In a country like Kuwait, which earns substantial income from holding the stocks and bonds of other countries, we would expect:
A) GNP to be larger than GDP.
B) GDP to be larger than GNP.
C) a current account surplus larger than GDP.
D) a current account surplus larger than GNP.
E) a current account deficit.
Correct Answer:
Verified
Correct Answer:
Verified
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