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    Economics Today Study Set 1
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    Exam 33: Exchange Rates and the Balance of Payments
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    If the Current Account Is in Deficit, We Know That
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If the Current Account Is in Deficit, We Know That

Question 282

Question 282

Multiple Choice

If the current account is in deficit, we know that


A) the merchandise trade balance is also in deficit.
B) the merchandise trade balance is in surplus.
C) the financial account is in surplus.
D) there is a statistical discrepancy in the surplus.

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