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1. An Italian importer pays her U. S. based supplier from her dollar denominated account with Wells Fargo. This will lead to a ____ for

1. An Italian importer pays her U. S. based supplier from her dollar denominated account with Wells Fargo. This will lead to a ____ for the U. S. capital account.

a) debit b)credit

2. If a countrys GNI is less than its GDP by 10 billion its net foreign income (NFI) should be

a) +10 billion b) -10 billion

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