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A. The Australian government buys 22 million Australian dollars worth of UK treasury securities. B. Australian companies sell 50 million Australian dollars worth of iron
A. The Australian government buys 22 million Australian dollars worth of UK treasury securities. B. Australian companies sell 50 million Australian dollars worth of iron in the UK. C. Australian companies pay 4 million Australian dollars in dividends to investors abroad. D. Australian citizens spend 16 million Australian dollars while touring the US. E. Australian government sends 11 million Australian dollars in aid to Africa. F. US citizens spend 13 million Australian dollars in tuition at Australian universities. G. Australian central bank buys 10 million Australian dollars worth of gold. Find the current account balance in terms of millions of Australian dollars. 32 36 O 40 O None of the above
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