According to an article on bloomberg.com, in February 2023, Turkey ran a current account deficit of ($8.8)
Question:
According to an article on bloomberg.com, in February 2023, Turkey ran a current account deficit of \($8.8\) billion but exported \($2.3\) billion more in services than it exported.
From this information, can we conclude that Turkey imported more goods than it exported? Briefly explain.
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No we cannot conclude that Turkey imported more goods than it exported based on the given informati...View the full answer
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