Solved

If Net Primary Income and Net Secondary Income Are $10

Question 107

Multiple Choice

If net primary income and net secondary income are $10 billion, and a country's purchases of foreign goods and services are $25 billion while its sales of goods and services overseas are $26 billion, it has a:


A) $9 billion deficit in its current account.
B) surplus of $11 billion in its balance of payments.
C) surplus of $36 billion in its current account.
D) $11 billion surplus in its current account.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions