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If There Are No Net Factor Payments from Abroad and No

Question 68

Multiple Choice

If there are no net 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 financial account surplus of $10 billion.
C) net acquisition of foreign assets of $10 billion.
D) net foreign borrowing of $10 billion.

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