Multiple Choice
If there are no factor payments from abroad and no unilateral transfers,net exports of $10 billion is the same as
A) a current account deficit of $10 billion.
B) a capital account surplus of $10 billion.
C) net acquisition of foreign assets of $10 billion.
D) net foreign borrowing of $10 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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