Multiple Choice
If domestic residents of France purchase 1.2 trillion euros of foreign assets and foreigners purchase 1.5 trillion euros of French assets,then France's net capital outflow is
A) -.3 trillion euros,so it must have a trade deficit.
B) -.3 trillion euros,so it must have a trade surplus.
C) .3 trillion euros,so it must have a trade deficit.
D) .3 trillion euros,so it must have a trade surplus.
Correct Answer:

Verified
Correct Answer:
Verified
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