Multiple Choice
Scenario: There are two countries-Country X and Country Y-that trade only with each other. During a particular year, the residents of Country X purchased buildings worth $10 billion in Country Y. None of the other transactions between the two countries during that year involved the purchase or sale of assets.
-Refer to the scenario above.The purchase of assets by the residents of County X would lead to a ________ in County Y.
A) trade deficit
B) financial account deficit
C) financial account surplus
D) trade surplus
Correct Answer:

Verified
Correct Answer:
Verified
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