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Everything Else Equal,if a Country Has Exports of $12 Billion

Question 133

Multiple Choice

Everything else equal,if a country has exports of $12 billion and imports of $10 billion,it follows that the country has a current account balance of ________ and a financial account balance of ________.


A) $2 billion; $2 billion
B) $2 billion; -$2 billion
C) -$2 billion; -$2 billion
D) -$2 billion; $2 billion

Correct Answer:

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