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    Exam 14: Macroeconomics in an Open Economy
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    When Australia Sends Money to the Philippines to Help Typhoon
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When Australia Sends Money to the Philippines to Help Typhoon

Question 90

Question 90

Multiple Choice

When Australia sends money to the Philippines to help typhoon survivors, the transaction is recorded in the:


A) capital account.
B) current account.
C) financial account.
D) foreign exchange account.

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