Suppose that a country has a trade surplus of $50 billion, a balance on the capital account
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Suppose that a country has a trade surplus of $50 billion, a balance on the capital account of $10 billion, and a balance on the current account of -$200 billion. The balance on the capital and financial account will be:
a. $7,200 billion.
b. $1,200 billion.
c. $200 billion.
d. $100 billion.
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Related Book For
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
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