Multiple Choice
(Table: Balance of Payments) Which statement(s) is/are TRUE? I. The current account balance is equal to -$700 billion. II. The capital account balance is equal to $700 billion.
III) The statistical discrepancy must equal $100 billion.
A) I only
B) II only
C) I and II only
D) II and III only
Correct Answer:

Verified
Correct Answer:
Verified
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