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    Exam 12: Open-Economy Macroeconomics: Basic Concepts
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    Which of the Following Shows That Any Trade Transaction Must
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Which of the Following Shows That Any Trade Transaction Must

Question 56

Question 56

Multiple Choice

Which of the following shows that any trade transaction must have a financial counterpart?


A) NCO = NX
B) NCO + I = NX
C) NX + NCO = Y
D) Y = NCO - I

Correct Answer:

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